That's a question for zoning or city planning dept.Lastly, if zoning is clear, I for sure would rent them out, but would give first right of refusal to any existing tenants and make sure they all know they're going to be rented and what the usage will be.

Originally posted by Account Closed:...adding meters to the current 2-family property in question isn't an option cause of crossed water and electric lines between 1st and 2nd stories, and a single water heater....IMO, in the end you are probably better off doing the "right" thing, by proper separation and having tenants pay for their usage.  

Getting snotty with your husband is clearly inappropriate.  

Originally posted by:Hey @Dave Foster, can you clarify....IF the Seller uses his primary residence exclusion, is he limited to 25% of the total amount of the sales price to account for his 1/4 usage as a primary residence, or can he take ALL of the $250K/$500K if married, as the whole property being his primary residence?

The tenants pay us for the water not the company reading the meters and billing them, because we are the ones actually paying for their usage.

Do a rough number to figure out how much in court fees/time/atty fees/lost usage of the property by trying to get in line behind everyone else they owe.

The only actual cost you have associated with utilities will  be very minimal power usage. 

Rehab, sub meter water usage, add central air, stop paying for cable, professional property management.

These clients think they should write low offers but the reality is that all of us agents have someone we can “dump” a property to who will do a smooth transaction at a low ball price.

Those are based on the value and usage of the property.