Hi all,I have a triplex in Louisville zip code 40203 and the water bill has been average over $100 per month per door.

Your rental dwelling policy will cover if you have water damage coverage.

Unfortunately, this led to a fairly substantial amount of water leaking to the unit below and causing at least some visible wall/ceiling damage.My tenant caused the flooding (he has admitted in writing that this was the case).

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $1,125,000

Cash invested: $400,000

Sale price: $1,600,000

https://www.airbnb.com/rooms/930551536097808640?sourc...

yes, typically a sign of hard water, may need to add a water softening system. 

Value added by turning a 3 bedroom, 2.5 bathroom into a 4 bedroom, 2.5 bathroom This includes new roof, 2 new HVAC systems for split units, water heater, updating electrical/removing nob & tube wiring, plumbing updates, 17+ brand new double paned windows throughout, leveling out the flooring and adding hardwood throughout the entire property, replacing all drywall on walls & ceilings with over 100 new sheets, gutted both bathrooms to update tiles/vanities/ tubs and showers with 2x1 tile throughout for a modern feel.

On the day of final walk-through before closing, I noticed a small water puddle around the cove joint in the basement.

Did the water company say anything about that? 

An example would be a 2 unit with only 1 water meter - we pay the water on that one. 

Heat and water are included and I'm thinking about adding an additional fee to cover some costs for the heat or water as the rent prices I'm charging are pretty much on the high end.