For example, often fire damage is water damage--they put the red stuff out with wet stuff.

I have seen hot water heaters in bedroom closets but not furnaces.

In the end, water has a mind and power of it's own. 

Have you talked to a local insurance agent.If you're going to get "$750 all bills paid" for each room, why aren't you including electric, gas, water/sewer, lawn care, and cable/internet in your expenses?

Or a pipe or water heater has been leaking for weeks?

Did bubble foam test and infrared test and found nothing from gas lines to stove , or in the gas water heaters.

I can only imagine that after being under water for 5 years, its tempting and rather exciting to exit, but who knows for sure.

Wondering if there is a better or different way to essentially move the electricity usage from one tenant to the other.

From some research it seems like water sensors near water appliances, quarterly inspections, water proofing under sinks are some ways.

Aside from Gardena, Inglewood still has opportunities , Hawthorne is well positioned with many catylyst for change, and San Pedro's water front development will be a game changer for their mkt.