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Ideally, your concrete should set slightly above ground at an angle sloping away from the fence post. This will add extra support and allow water to run away from the wood fence post. Keeping water out will help prevent wood rot. Additionally, you can add soil on top of the concrete for a seamless finish. 

Who pays for a new fence between neighbors depends on its location relative to the property line. If you build the fence entirely on your property, you are solely responsible for the costs of installation, maintenance, and repair. If the fence is built directly on the property line, both neighbors are typically responsible for the costs. In this case, it is essential to consult with your neighbor beforehand to agree on a plan for payment. While you should always inform your neighbor of your plans in advance, you generally cannot force them to contribute financially unless there are specific local laws, such as in California, where both parties might be responsible for costs unless a different agreement exists. It's a good idea to get a property line survey to know the exact boundaries before building.

The most durable metal for a fence is wrought iron. With proper care, a wrought iron fence can last for centuries. This means regular resealing to stave off rust and corrosion, especially in coastal climates with salty sea air. In these environments, chain link and corrugated fencing tend to stand up better to the elements with fewer maintenance needs.

The depth of your post hole depends on your post length. If you decide on a two-rail fence, the posts are likely 6 feet long. You want your hole to be at least 1/3 of the post length. In this case, your post hole should be two feet deep.

If you opt for a three-rail fence, the posts will typically be 7 feet long, meaning your post hole should be 28 inches deep.