Pay the Water Bill or Not?
In the town I invest in, the Water Department will send a bill to the tenant, but the understanding is if they don't pay, the owner is responsible. I've noticed most other landlords in my market pay the water bill, regardless of whether the property is SFR or not. The other landlords are my competition for tenants, to a small degree. Would you cut the rent a little to not pay the bill, leave the rent (average market rent) as is and tell them to pay it, or just pay the water bill yourself?