I did that once and it was a total gas! 

On the other hand in-unit utilities (i.e. electricity, gas, water, etc.) will depend largely on occupancy since a vacant unit won't use any.If you're doing a charge back for a portion of tenants' utility then it will also depend on occupancy since it's likely a percentage of the expense (depending on how your metering is setup).

Good luck and your seller kinda sounds desperate.Not as desperate as a gas station owner who has to get new service pumps to meet epa standards by a certain time but desperate enough to want to get out for...some reason!

Average it out over 12 months and increase the rent plus 10% as "utilities included".It is preferred to spend the money to split the utilities and add second meters (hydro, water, gas) to be able to put utilities in the tenants names.

4) Does anyone here have an issue with landlord-paid heat that uses natural gas to boil water?

Also, these are all-electric homes with no gas lines.

Added refrigerator and new stove (converted from gas to electric stove).

I am replacing a lot of old electric stoves in my apartments to use gas stoves and use the 220 line to make new 110 lines to help the aging electric system.

@Barry Cohen yes it's just a hot water heater - I pay the gas for the property becuase there is only one meter so there are only two units in the utility room, one for the water and one for the heat.  

when you have somebody willing to pay over 2.5m you are going to get people that want in river oaks, blvd oaks , west u maybe, memorial hedwig etc...not a condo...yes i know condos trade and yes i know that theres a ton being built...but those are not factors working for you.right now oil and gas execs have a lot of risk on the horizon, they are your target market in my opinion.