The town that the property is in wants a heat loss study done.

.- Windows are oigional with old aluminum storm windows some are broken.4700 W 20th stMarket rate (conservative est) Market ratePainted, StainlessAll rentedcompetitivly priced including basement1st floor Front 2bd 1ba includes front porch9009009001st floor 2bd 1ba with heated sunroom 6'11"x 11'9009009002nd floor 2bd 1ba + front porchKitchen needs floor sanded, cabinets plaster, paintBath needs toilet & vanityPorch needs drainage8758752nt floor 2bed, 1 bath heated sunroom 6'11"x 11'900900900Basement STUDIOEgress windowsdrywall, 1 wall needs fixing500Garage$120$150$150Mortgage 260 for 3 units270 for 4 units280 for 5 units-$1,248-$1,296-$1,344heat (heat & cooking)-350-350-350Tax-$635-$635-$635Water & Garb-300-300-300Insurance-$145-$145-$162ElectenanttenanttenantUnits Rented3 units4 units 5 unitsMonthly Cashflow$142$999$1,434If this were 2016, I know I would be overpaying.

Can I deduct the cost of buying air conditioners and fans from rent if my landlord doesn't want to fix our central AC/heat unit?

Now selling the next buyer with 5 to 10 years of ownership can see a wild swing in costs the other way as water heaters, a/c and heating,roof,windows,etc. might need replacing.Buyer should not get caught up in the multifamily bubble we have been having the last 2 to 3 years.

I have pasted the numbers from my calculations below.I also have no real worries about vacancies since this will be a student rental.  0 Mo Yr Sold in 14' @ 75k Asking 132500 Apt1 $ 910.00 $ 10,920.00 Apt2 $ 500.00 $ 6,000.00 Apt3 $ 720.00 $ 8,640.00 Apt 4 $ 550.00 $ 6,600.00 Heat + Hot Water $ (300.00) $ (3,600.00) Water $ (113.00) $ (1,356.00) Insurance $ (125.00) $ (1,500.00) Taxes $ (414.49) $ (4,973.93) Property tax $ (137.52) $ (1,650.19) Electric $ (137.52) $ (1,650.19) Cash Flow $ 1,452.47 $ 17,429.69 Sale Price $ 125,000.00 $ 125,000.00 closing cost   $ 3,750.00 ROI 0 0.135376233

Lot: 15000 sq ft  2 unit building , 2 story , total 1500 sq ft , Just one room on second story , Detached heated garage 1100 sq ft with an office Numbers: assessed value: 285 kUnder contract : 180KExterior: Average plusInterior : leave the walls , but change everythingSome basic Ideas I had :1.

When we pull permit for the additional bathroom, inspector delay signing due to some minor things like incorrect pipe material for the bathroom, electrical sub-panel is not up to date, central air heat certification needed, etc...

Two weeks to have the heat fixed in December on a different house.

The first floor has central air and forced air heat, while the second floor has steam radiators and no AC.My wife and I plan to live here for many years, and would like to either (1) duplex the first floor unit down into the basement and keep the top floor as a rental unit; or (2) duplex the first floor up into the second floor unit and convert the basement into a rental unit (we believe it could be a 2-3BR, 1.5-2BA unit).  

Both expensive to fix, but properly venting is relatively easy. all heat rises, so the majority of the heat in your home will end up in the attic. if there is nowhere for it to go, the long term damage can be nasty.