Is it illegal to have one water meter in a duplex property when renting both sides out?

Combine that with the rusted out gutters leaking water on there and the California sunshine and I bet you dollars for doughnuts that the siding will be pretty rotted in places.

I am also assuming that the utilities they are speaking of is water/sewer.  

I did this before and didn't close any deals but both of the landlords I spoke to and met were cool.  

Tell her you are cool with her double ending, you just want the house.

Heating in winter and cooling in summer - your contractor will have the utilities cranked up full blast because they have the window open so paint and drywall mud will dry. 

I was browsing homes for sale by owner and found a 7br-6ba 7,000 sqft. and 10 acres and this house is very cool.  

Includes, tax, Insurance, Capital expenditures for stuff that needs to be repaired, monthly financing, any utilities that fall to a landlord like water or sewer (confirm any costs in that area) and a vacancy rate.Once you have all these numbers, you can work backward to your offer price based on the return you want to get on your investment. 

Very cool and good for you.

I know that drives the "your moneys not working for you" crowd nuts, but waiting to reinvest till it cools off a bit could make sense, based on your risk tolerance.