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Updated almost 4 years ago,
How do you handle non-conforming spaces?
A building has 2 main units with their own meters for utilities. However, there are also 2 non-conforming spaces.
One liveable attic space with its own furnace but all of its utilities are connected with unit 2. The same issue with the basement unit, its utilities are connected with unit 1.
PS - non-conforming spaces have their own entrances front and back.
When it comes to renting out all units, how would you structure the costs of utilities into rent? Would it be possible to add $200-250 to the base rent for each unit to cover the bills?
Do you think something like this is manageable? A main concern is the tenants will take advantage of this and get careless with the utilities as they are not paying for them.
Thanks for your sharing your thoughts!