I am investigating a way to sub meter out each units water, but it comes into the building on a single line.

Can you sub-meter the water and tell the tenants they have to pay this bill? 

The nice part about this building is that each unit is separately metered for water and sewer so this cost in directly our tenants.

The remaining $47k is a bunch of other stuff like new HVAC, sewer lateral, electrical, chimney removal, siding, water heater, relocate gas meter, etc.

The reasoning we focused on during the sale and in inspections was adding a new meter for the building, which was currently part of the 1st floor apartment so it needed to be split off, and moving the meters outside.

Hi guys I am looking to purchase my first Multifamily this would be a first deal in real estate I found with my broker a property I am thinking maybe a good deal but I would like your thoughts on it . 4 unit Multifamily centrally located in west Chester NY Income 3720$Expenses Mortgage insurance and taxes is 1276$ a month Vacancy 186$Repairs 186$Cap ex 186$Management 372$As of now the landlord pays electricity and gas 600$ a month Water and sewer 50$ a month I was thinking if I take the property and put separate meters for water and electric I can have the tenants pay their own utilities Please share your thoughts on the deal

Do you prefer replacing a single larger roof or five roofs on five different homes; do you want to keep going from home to home to keep replacing water meters, or you'd rather fix one main unit that has all five units attached to it; do you want to  pay your attorney five times for five house closings or rather pay a fee once to close a five unit home.

There are also more beachfront lots in Teyuna Village, sold separately for $12 per square foot, or $120 per square meter.

Landlord pays gas (one meter $1010 2017).

Then we sub-metered the water and started to bill back residents Lessons learned?