Average Cost to Submeter

[Brad Clarizio]

Hey all- 

I am looking at buying a small apartment complex with a partner, however the hanging point for both of us is that the landlord currently pays electric, water and gas for 75% of the units and water and gas for the other 25%. I only own one duplex (all others are SFH) so I just take care of the water there, so I've never really explored the wonderful world of sub-metering.

What can we expect from a cost standpoint? The building is 6 (1) bedroom and (2) 3 bedroom.