Investment Info:

Townhouse fix & flip investment.

Purchase price: $387,000

Cash invested: $180,000

Complete gut renovation of my primary residence, 90% of work done by my father and myself. All ...

Water never hides.

My agent told me it's a normal thing to see in older properties like that, but I was scared of the impact of such water on the foundation in the future. 

I like to avoid big trees very near to backyard also uneven sloped land , potential rain water related drainage issues, detention ponds etc.

Using an average utility expense is futile because you don't know the age of the furnace, HVAC, hot water heater.

.- Main water line and entire meter popped off the main supply line and had an unimpeded 1" water line dumping into the basement on mother's day, was about $1400 to fix, and basically an afternoon of waiting around for city and fire dept to turn on/off water at curb. 

With LVP any water that makes it through the concrete will be trapped and create a squishy noise.

How to shut off power/water/gas, change furnace filters, lint catchers, batteries, garbage disposal, toilets (flushable wipes are actually not flushable), how to reset a GFCI and why did it pop in the first place etc etc We have a checklist for this.- reporting: we emphasize to report problems and we always thank them first when they do.

Thus, no waterholes to trap water. 

However, my parents lent us the downpayment + closing costs, so most of our cashflow will be going directly to them for a little while.I just recently came across a quadplex in my area that is fully leased, grossing $3,675 per month, while the landlord pays gas/water, and electric/internet are tenant paid.