New Landlord - need advice

[Eric Fernando]

I am soon going to be a new landlord.

The two family house that I am buying needs the sheet rock from the lower unit to be gutted and new sheetrock installed. Would it make sense to split the electric and put two meters, since the lower unit walls have to be exposed anyway. The upper unit is fine, and no walls need to be opened.

The electrician says it would costs around $8k to  put separate meters , panels and rewire upper and lower unit as needed.

By separating the electric, by how much would it really increase the value of the two family?

and secondly would it be ideal time now to make that decision, since the lower unit walls are exposed?