Lost a deal on a four plex due to incompetency

[Jayden Hamilton]

I currently was looking at a fourplex to invest in; the only issue is that all 4 of the units were running off two electrical meters, one water heater, and two AC units. The landlord was charging the tenants to pay all utilities, which I never do. I make the tenants pay all utilities. It was tough for me to run the numbers on this property because I didn't know how to deal with a situation like this where there wasn't a separate meter, water heater, etc., for each unit. I ended up walking away from this deal due to incompetency and lack of knowledge of dealing with a property set up this way with all their utilities.