Separate electric and water meter or back bill tenants?

[Bernadeau C.]

All,

i am looking at a 9-unit at the moment, that has one meter for electric and water. I did my analysis without including the utilities because i was under the impression the property was separately metered.

Would you advise me to get individual meters installed? if so roughly how much would that cost be?

or would it be better to back billed the tenants for the utilities every month?