Each home is individually metered electric and water.

I also read somewhere that there may be some monthly fee to get someone to go out to the property to read and reset the meter.

If the tenant the turns it on themselves, the water meter is removed within 24 hours.And then the landlord gets a citation from the local council as you must have water and trash to a property?

I am contemplating in pursuing it once I pay off the 5K by the end of the year.The set back right now are I want to save at least 13 K to add 3 additional water meters.

What kind of meters were used?

There are so many other factors to consider (the market, size of the property, master or individually metered, etc), if you do use a 50% rule you may be hurting yourself when analyzing (good or bad). 

We also provide water meter keys with every property so a tenant could shut off the water at the street in an emergency, probably faster than even the water department could get there. 

Did you check her ceiling with a moisture meter?  

The property is located in Will County Illinois and the provider is ComEd.When ComEd came out to the house to turn the power off they told my tenant they will not be turning it back on until the back box connecting the meter to the home is repaired.

The units are all metered so I am trying to understand any advantages of adding new windows besides them being "nice."