Tenants pay for all utilities except water and trash.

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.

I got a plumber and water restoration folks out there that night.  

I'm considering purchasing two older single family homes that have separate addresses but are on the same lot and same tax and water bill.

PM now is telling me:1) I need to hire an attorney2) I shouldn't contact the tenant's attorney because that would "muddy the water"I am fine if the tenant just pays rent and I can live with the low/under market rent for another year.

Can't blame them for trying.Your on the clock as the the 8th and most state laws require the tenants February rent be prorated to reflect that.For the water damage I would hold the tenant responsible for any deferred maintenance that damaged the property. 

Are they hooked up to city water and sewer?