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Updated almost 10 years ago,
Paying heating costs for your tenants because you have an oil burning furnace?
Hey Everyone,
I came across a cash flowing multi after getting all the numbers from the seller.
The seller currently pays for water, and heat, but charges pretty solid rents of $1200, $1050, and 950. for the area.
Heating costs every month are around $700 per month.
My only concern is the fluctuating costs of oil.
Any thoughts?