Had a home inspection done and found it needs some work (Roof will need to be replaced in the next few years, some of the electrical needs work, updating the 2 upstairs units, furnace replacement at some point, etc...).  

Are there separate gas, electric and water meters for each apartment?

Are all 4 units metered for gas and electric separately or on master meter? 

Check w/ the City / County to see what the permitting process is, and what if anything you would have to do regarding plumbing / electrical.

New drywall, mechanicals, windows, electrical, roof, siding- essentially new from foundation up. 

I just had a vacancy come up in the middle of a fourplex escrow and the seller had the unit re-rented in under a week for $50/more per month. 6) Yes it's hot, but with individual metering the landlord doesn't foot the electric bill 7) Yes the market is competitive here, but mostly for 3/4 unit properties.

It's understandable that unexpected things arise sometimes, especially when you're opening up walls or dealing with older electric or plumbing.

Another thing to consider... if there are mice, and they start chewing through electrical, that becomes your problem.

Hi BP, i’m curious if anyone has moved an electrical meter without upgrading service. i recently upgraded a meter and was forced to move it to a new location however now i can’t pass inspection because the service enters the building before the meter (only good route to get to new meter was indoors) i really want to avoid a new electrical drophas anyone found a way to enter the building before metering?

The entire project took around 3 months with EVERY square in minus the electrical( some added) being gutted and renewed.