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Updated almost 11 years ago on . Most recent reply

User Stats

17
Posts
7
Votes
Gretchen Parlier
  • Investor
  • LaFollette, TN
7
Votes |
17
Posts

Heating utilities

Gretchen Parlier
  • Investor
  • LaFollette, TN
Posted

I'm considering the purchase of a two family rental that currently has separate oil furnaces for each unit. How should this be managed? I am concerned about the logistics of the tenant paying for a tank of fuel up front, moving out and leaving an empty tank, and will tenants be willing to put up an additional deposit to cover this? Or, should I change the system to electric heat and let the tenants pay a larger electric bill? Will I be able to rent these units?

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