Quote from @Bill S.: @Katrina Schmid so there are a number of resources. 

It depends on the condition, but if it passes a 4-point inspection, I would definitely go for a novation first because they need help with bills, so you could probably support them with that while getting a retail buyer.

Of course the new bill allowing us to possibly sell off either property is enticing but not sure how to value that either.

# of TOH x Monthly Income x 122 x 400 x 12Annual Income = 9600Subtract water:# of TOH x $50 water bill/month x 12less $50 for water each = 12009600 - 1200 = 8400Applied expense ratio @ 35%8400 x .35 = 29408400 - 2940 = 5460Cap at 8%5460/.08 = $68,250Did I do my math there right? 

A lot of investors are doing it the round about way, and having a general contractor install these meters for dividing the bills.

Quote from @Bill Brandt: Don’t forget.

Rent it out by the week with all bill paid and furnished.

But… you could ask for a bank statement and/or a cellphone bill from say, 3 months after the other residency is supposed to have started.

This gentleman was " sold a bill of goods" I see it all the time. 

Even unleveraged, 4-week T-bills have better return in most cases.