What are the risks for One boiler heat for Four unit family

[Yuki Yu]

What do you think to buy a four family house with 1 boiler heater?

I am thinking of the risks and cons are:

1) more utilities cost as landlord should pay for the heat

2) if the heat doesn’t work in winter, the entire house becomes very cold and the risk of pipe exposure

3) if the heat doesn’t work in winter suddenly, do you think it’s landlord’s responsibility to find hotel for the tenants to live temporarily? Better to fix it immediately, but how long time it’s takes to replace a new boiler heater?

Anything I am missing?

How much to divide one heater into 4? I believe it needs pipes and a lot of labor costs.

Look forward to hearing your thoughts and comments if you agree to buy a four unit rental property with one heat.

Thanks.

Yuki