I’ll do a separate Topic.

The ADU shares utilities with the main house because they dont have separate meters.

From an asset protection standpoint the purpose of an LLC is to separate your business from you personally.

The property is about 60,000 square feet total including a 20,000 sq/foot parking lot with two separate entrances and no fence surrounding it. 

There is no separated water/electric meter, I'm going to have to calculate it into potential rent. 

The current leases do not go into much detail on how the current property manager handles non-separated utilities so I thought I would reach out to you all.In the event that a property has utilities or services payable by the tenant but are not separately metered, what is the most efficient way to handle billing said tenants in regards to ease of self managing? 

You get a term life insurance component that you can buy separately for $25 per month.  

We renovated the smaller unit by adding new windows and a fence separating both units.

Maybe you might benefit from looking at large SFH with a basement that you could separate out and create a duplex entry without having to pay the starting multi family rate.

I want to put in an offer on two separate 4-plex buildings that are adjacent to each and owned by the same person, but on separate parcels.Will the appraiser value it on the income approach or the comp-based approach?