The $600 heating oil bill + little to no rental income + PITI in January will balance your actual numbers out for the year.

They all have their own separate oil tanks/electric meters etc. and there is well water.

@Oren Kachel  We're getting growth due to increased cross-border trade, some oil money, as well as the general growth that Texas is seeing as a whole.

Oil and gas wouldn't be what it is without the government taking on much of the risk through the intangible drilling costs tax credit, and the depletion allowance act deductions, and literally hundreds of other tax benefits, loopholes and direct subsidies plus the fact they have access to public land to be drilled for pennies on the dollar, and the government cleans it up once they're done. 

Hope you get another better offer :)I don’t worry until the buyer asks what the viscosity of the oil is. … 

It has been partially demolished and they are adding a host of unsightly industrial bldgs comparable to an Oil Refinery.  

Important metrics will be population growth and job growth diversity (avoids boom bust industry like mining or oil), population growth, new construction, and I look at median home price growth and rent growth. 

But I'd just spot-treat with Orange Oil and sister up the beam with lag screws...

I have a client who does this model in oil fields in Texas and is making a killing doing it because they are so short in housing to place these oil rig workers.

Let the electrician cut his/her pockets for pulling the new wire and do the patches, then seal everything with an oil-based primer and repaint.