Carbon monoxide monitors and smoke detectors are already mandatory in most states and adding surge protectors for devices that easily spark during inclement weather seems like an inexpensive solution. 

@Shane Craig install IP cameras to monitor remotely (multi unit properties) use the internet service to provide WiFi to Tennant’s at cost for extra income and pay for your internet service.

Also, YOU have to monitor your own property.

I can decide if I want to REFIN it and do BRRRR or I can collect some rent first and monitor the market.

One thought I had was writing in the lease that I can come by for monthly check ins to monitor the process and make sure he’s cooperating.

Even if its different subs, its still my helper labor that I need to pay each day those parties are there and my overhead to monitor the job in pieces rather than a full blown job.Of importance on the bid is an extremely detailed scope of work and fixed price for the work.

Plus, unless you can closely monitor your tenants, they'll fib about who is living there, or they'll want to argue about how often they take showers lol.  

Who monitors and enforces this?

Water is big difference... that utility is usually paid by landlord , cost to sub meter is very expensive and you'll learn to monitor your bills.. you'll tell if extra person moves in or if you've go a leaky toilet. but good idea is to check meter when no one is around and see if the spinner is still, if no you've got a drip, or leaky toilet, so put up notices and inspect.

My elicited experience tells me to keep things at status quo for now and monitor the rental market.I look forward to any updates you provide.