We compromised and said, we will pay the excess water bill if the tenant continues to pay rent (mistake # 2).

They'll run water down every drain and if it drains, they'll state the plumbing is working as intended. 

Unfortunately, the costs they have to pay for undetected water damage and various other defects and many broken windows were much much higher.

Always grateful for my BP buds 😊 Some inspector don't even run water down every drain.

I own a property in Pinal County, Arizona which has a well with water tested at 0.028 mg/L (28 PPB) arsenic. 

Lack of water, heat, or sewer are instant fails.

This was the only SFH I owned, and kinda bought it to test the waters.

The HVAC and water heater seems pretty new as well as the roof. 

Look for deal killers like higher than expected taxes, or owner paid water sewer bills need factored in.

Once you have a nice bit of extra coming through your business, then use the business to buy your house on the water or whatever floats your boat.Call up @Sonya Mays and have her show you some things that tick off MOST of the boxes on your list.