There are also potential options to add 3rd party meters at the units but again depends on your building configuration.

Outdoor receptacles uncovered are as much a hazard as badly configured panels. 

You have to be a bit careful with this thought because you are definitely paying up for NNN properties so there really isn't much room to spend extra $ to change the building configuration. 

Expect it to come in at least 5% low and you should be thrilled if it does not happen.Assuming Zillow has the configuration correct (2/1) the rent is between $2.15K and $2.45k.  

Originally posted by @Michael Henry:First, Separate water shut off valves from the main water supply will increase your rehab cost drastically.This depends on the configuration of the plumbing system.I have had places where the main supply line tees off into each unit near the building, in those cases it's a no brainer to put in a full port ball valve to each line.If it's something that was converted or added on most likely there is no clear separation and cheap solution.

Besides the fine, the current owners most likely have an obligation to return it to the original configuration.  

It's incredibly versatile and can be configured to work extremely well for rental properties.

Is there any way you can configure your current house to offer a private living space?

@Tom Gimer  and right now WFG is re configuring our computers because of all the wire fraud they sent in a computer expert to our office ( free of charge) and helped us get super secure .. customer service agent in our title companies is a very important position.. same thing in the land development department of our title company.. they do all our plat work.. coordinate with the cities.. get our subdivision through to final plat all for no charge.. we would be lost without them.. in turn of course they get all our escrows..

Notwithstanding any provision of this chapter to the contrary, two-family (duplex)residences are a permitted use for any tract or parcel zoned under the 1938 districts as "B" prior tothe adoption date of this chapter so long as such tract is in the same configuration and so long assuch tract is not the subject of rezoning in accordance with the provisions of this chapter andremains with the 2001 "R-4" zoning district.