During review attorney passed along that a there's a decommissioned underground oil tank, I saw reports/permits from state of that.

Specs on this house:  4 bed, 2 bath, "ugly" house, decent condition, needed new roof, we subsequently discovered a previously abandoned oil tank which seller had to remove.   

You have a great philosophy in regards to paying to learn as much as you can.In 1972 I paid $6,000 to go to a one-day seminar and everyone said I was crazy, but I learned many things that day that stuck in my head and many of those things helped helped me to make my business much more successful.I wrote what I did because I'm burned out from going to too many real estate club meetings where they bring in snake oil salesment, but I should have stated that there are some legitimate companies. 

Didn't think to go look at all the water meters.There's a famous case in accounting where a company valued full tanks of salad oil.

Does anyone have experience converting from oil heat to electric in an apartment complex?

Not sure how you’re underwriting but whatever you do, don’t count on ANY improvement in the oil economy going forward.

Hey All,***buying a 3 unit to BRRRR**** The 3 unit multifamily currently uses oil heat and window units. 

Hey All,***buying a 3 unit to BRRRR**** The 3 unit multifamily currently uses oil heat and window units.

The really old house actually does have a lot of potential for someone who can either run hydronic baseboard or do ductwork and drywall (depending on whether gas is available or just oil).  

Common HungerIf one person has the drive to work around the clock, burns the midnight oil etc, and the other partner turns their phone off at 5pm, takes weekends off and monthly vacations, the workload will quickly become imbalanced, resentment will build, and you will need to dissolve the business.Complementary Skill SetsDon’t partner with someone just like you.