Does anyone have a cost estimation on what it would take to split water and electric into individual meters on a 4 plex, for example?

Individually?

I find it useful because the format is simple to review, easy to modify and the calculator considers 1) property annual appreciation 2)rental inflation 3)bank deposit int rate 4)general inflation 5) individual marginal income tax rate etc.

My attorney recommended that I setup the following entity structure:1) Holding Company LLC 2) Management Company LLC3) Additional LLCs to hold the actual properties purchasedThe way my attorney explained the above setup was that the Holding Company LLC in (1) would do nothing more than own the individual property LLCs in (3).

Both of these play right into the fund strategy and directly conflict with the individual asset strategy.From the LP investor's perspective, if they are investing with the right fund operator they get to participate in the best deals, and they get some diversification by having multiple assets with one investment. 

Sounds to me like you aren't really entitled to anything if there is no lease in place with this individual and they know that.

While interest rates are low, refinancing isn't a bad option.I have heard from lenders of troubles for individuals who apply for the mortgage forbearance. 

You look at the numbers and you work the numbers INDIVIDUALLY per house.

Here is the piece you can hang your hat on and show the renter:"Prohibits landlords from treating unpaid rent and charges as an enforceable debt, unless the landlord demonstrates by a preponderance of the evidence to a court that the resident was offered, and refused or failed to comply with, a reasonable repayment plan that was reasonable based on the individual financial, health, and other circumstances of that resident.Note: All rent payments delayed through this moratorium will still be owed but a landlord must offer a tenant a reasonable repayment plan to enforce any collection of that debt."

Let’s say 1 of the 5 run into a financial problem or is sued and a party tries to take the individual’s asset(s) as collateral.