Finding a lender that will close without turning water on (hubzu policy) has been challenging to say the least.I read somewhere about some people just turning the water on in their own names (buyer name) for inspections/appraisals.

One property is waiting on the city to turn the water on, and it's gotten so delayed with the city that the sellers are having to be in contact with the mayor.

The new restrictions bar residents and commercial water users from using drinkable water to hose off sidewalks and driveways, water lawns or gardens to the point of causing runoff, wash cars without a shutoff nozzle and using potable water in fountains.California drought: $500-a-day water fines passed

Some people decide right away and these pages aren't necessarily for them, but they can opt in or out quickly.This is my first post at BP, but I'm a digital marketer and couldn't resist diving into a marketing discussion! 

There is water damage in the basement NOT under the plumbing, so I'm guessing its the radiant heat. 

I'll definitely want to be sure that I've got no water issues in the basement.Should I expect to see this happen in more places around the perimeter as it's already happened once?

@ Robin SecordHi RobinI read in the " Wall Street Journal" this week where many customers (in Detroit)  had their water turned off for non payment of their bills.

It's heated by a single hot water boiler, which shares a gas line with one of the rental units and a commercial dryer in the basement. 

-Sewer and Water/Trash/Heat/Electric (for two units)40+30+70+70 = 210 x 2 = 420 x 12 = $5040-HOAHonestly no idea, found an email to contact but i'd rather not bother them now, I'll guess $100 per month. 

Here are the details.Asking Price $275,0008 Unitsbuilt in 1987All are 2 bed/1bathRent is $500/month per unitOwner pays water/sewer/trashFinancials:They were not provided in the listing, so I am estimating on some costs.Down payment $68,750Closings Costs $10,000 (estimate)Mortgage Estimate $1361/month (estimated 5 year balloon, 20 year amortization, 5% interest, 25% down payment)Annual Gross Rental Income $48,000 ($500/month * 8 units)Vacancy Loss $4800 (10% estimate)Adjusted Gross Income $43,200Property Taxes $3018 (2013 actual amount)Insurance $1500 (estimate)Maintenance $4320 (10% Adjusted Gross Income)Water/Utilities $5760 (estimate $60/month per unit)Property Management $4320 (10% Adjusted Gross Income)Net Operating Income $24,282Operating Expenses $18,918Annual Income $12,468Cash on Cash Return 15.83%Am I underestimating key costs here?