Has he been paying his taxes, water bills, etc.?

Phase 1 is important for multi-family to assess a number of conditions such as asbestos, lead paint, radon, lead in drinking water, potential impacts from adjacent properties, historic use of property, etc.

Are you trying to estimate the cost that Water, Sewer, Edison, and Gas Co charge or the cost the contractors charge to put them items in the dirt?  

Real Estate has not historically been under water for any great length of time.

Tenants pay for all utilities except water and trash.

Unlimited 24/7 Tenant Communication4 Home Wellness Checks per year4 HVAC Filter Changes per year4 Smoke Detector Tests per year4 Exterior Property Inspections per year1 Roof Inspection per year1 HVAC Tune-up per year2 Professional Common Area Cleaning100% Free ACH DepositsEvery ACH bank transfer in or out of your account is 100% free.

So the inspection just came back showing the following issues: - Mold in a few interior rooms- Evidence of rodents- Original roof requires repair, replacement and/or evaluation - there are active leaks in the attic - 7 out of 8 water heaters need replacing at any moment ($5600 total estimated)- 5 out of 8 A/C units need replacing at any moment ($25K total estimated)- A bunch of minor things need to be fixed, i.e.

Then they should buy said sister-wives a house.....In some areas the landlords aren't able to charge the tenants for water usage.

Payments went from $150/mo to $240/mo plus a $100/month add on water fee b/c of a water main break and lots of damage.

In some multifamily situations you see water/ sewage and trash also paid for.