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Updated over 10 years ago, 06/30/2014
Converting Property From Oil to Natural Gas
Greetings BP members,
I'm looking to buy-and-hold a rental property (duplex) that has oil heat. However, if I decide to buy it, I plan to convert it to natural gas since there is already a gas line into the property (i.e. there's a gas stove in each unit) and natural gas is cheaper for the tenant. Is this conversion risky or costly? Has anyone made this conversion for a rental? Just want to get some feedback on this. Thanks in advance.
Eric