Mult-family with Single furnace and water heater

[Stephan Guna]

I recently visited a house marketed as a multi-family house going for a pretty good, price. I overall love the quality and everything with the house, it needs a bit of work, but nothing out of my range. All the houses I have visited so far all have 2 water heaters and 2 furnaces for each unit. However, this one only had 1 water heater and 1 furnace with the house. How would this work out? If I wanted to still rent out to both units, one unit is already occupied, but would that not lead to concerns of one person controlling the heat etc. I would prefer the tenets take care of heat/water, but I don't know even how this would be possible. 

[James Wise]

Quote from @Stephan Guna:

I recently visited a house marketed as a multi-family house going for a pretty good, price. I overall love the quality and everything with the house, it needs a bit of work, but nothing out of my range. All the houses I have visited so far all have 2 water heaters and 2 furnaces for each unit. However, this one only had 1 water heater and 1 furnace with the house. How would this work out? If I wanted to still rent out to both units, one unit is already occupied, but would that not lead to concerns of one person controlling the heat etc. I would prefer the tenets take care of heat/water, but I don't know even how this would be possible. 

 This is a conversion. There are a decent amount of single family houses in Cleveland that were spit up into two family houses years ago. 

What you'll do is pay the gas and electric yourself. Note these conversions never perform as well as true duplexes do. They always attract a lower quality tenant who pays a lower rental amount and is less stable so you'll need to make your offers on these kinds of properties lower than true duplexes to reflect all of that.