Water heater situation

[Samantha Klein]

I am closing tomorrow on a property with a fuel oil fired water heater from 1988. The heater is rusted at the bottom and is "on borrowed time" so I am looking to replace it with a natural gas heater. The heater is in the basement next to 2 forced air natural gas furnaces and should be easy to install a new gas water heater however the current tenants in this duplex split the cost of the fuel oil. The gas and electric are separated but if I put a new heater in, I would have to put it on one of the tenants gas meters. Is there something I am overlooking? This property has only 1 water heater and 1 water meter so I pay the water.

[Jimmy Murray]

@Samantha Klein It sounds like you are not overlooking anything. 

Are the water lines to each unit clearly marked? If so, maybe it makes sense to put in 2 Hot Water tanks and split out that utility as well.