You are unlucky and the heat exchanger fails in the furnace.

I've declined.Working with a manager has really taken the heat off of me in the last few weeks.

5.30 years or older – inspect electrical, plumbing & heating closely, professional home inspection is a must!

Four or 5 experienced investors will point out something left out of the formula; severe underestimating the cost of a new heat or A/C system, severe underestimating of occupancy rates, thinking that work can be done as quickly as you'd like it done, etc.

Ooh, heated topic :lol: Well my 2 cents as a REALTOR®, I believe Miss Bonnie said it well:As a real estate agent, we perform an awful lot of tasks behind the scenes and incur expenses you may not be aware of:Training[list]Did you know that in most states, Real Estate agents are required to take so many hours of classes each and every year to maintain their license?

i put a similar clause in my lease, but i really only have it to protect me in case a tenant has misused an appliance or something..i have one tenant for instance, who didn't want to turn the gas heat on, so they used the oven constantly to heat the apartment...no, i wouldn't replace that oven when it burnt out...however, if they're good tenants, it's prob. cheaper to say, "guys, i usually don't do this, but yall have been good to me, so i'm gonna take care of it."

If the property and its appliances have a good deal of age on them you might be looking at wiring, hot water heater, heating and a/c problems, etc. that could mount up into some serious expenses.

When doing my rehabs I'm going to introduce the hot water tanks that heat water on demand..

Heating system.

This is particularly true if (as is often the case) we get a "heated" exchange going on.