Quadplex with only two meters, how should I handle tenants?

[Julian Perez]

I'm closing on a quadplex this week but it's only has two electrical meters.

The property currently has tenants in place but the rents are low so I will be raising rents to meet market standards. So I believe they will not be able to pay the higher rents and will end up moving out.

Should I put the accounts under the LLC and split it up between the two on each meter or should I have the tenants deal with it? I don't want this to turn into an issue between tenants so I am leaning towards raising the rents with electricity included.

Any feedback would be appreciated.