If its starting to get cold in your area, you'll need to have the heat on or have the unit winterized.

Yearly PITI: roughly $28,000 Yearly association fee: $2500 Cleaning fees (paid by renters) Yearly average utilities (cable, phone, heat, electric): $3240 Yearly advertising costs (vrbo/homeaway.com etc): $600 Total costs: $34400 The house rents solid 3 months in the summer and 3 months in the winter.

Yearly PITI: roughly $28,000 Yearly association fee: $2500 Cleaning fees (paid by renters) Yearly average utilities (cable, phone, heat, electric): $3240 Yearly advertising costs (vrbo/homeaway.com etc): $600 Total costs: $34400 The house rents solid 3 months in the summer and 3 months in the winter.

More interest is being given to fancy but functional bathrooms such as heated floors, jacuzzi bathtubs, access to phone, tv, music and laptops as well!

Yeah, I know they miss me, but I sure didn't miss the TX heat last month.

PLEASE point out any errors/misassumptions.Deal Information As It Was Given To Me:2 brick buildings24 units total Price $760,00022 2-bed rooms, average monthly rent = $5002 1-bed rooms, average monthly rent = $450Every unit has a seperate gas hot water tank + seperate gas heating furnacesAnnual Rent Income = $141,720 (Building would have to be at 99% occupancy for the past year?)

Anyway, I went in yesterday morning and discovered that the shelf in the cupboard next to the sink is badly bowed from fluid damage.

The only thing that I would do is to insure that the tenant still has heat on for the winter, so that the pipes don't freeze.

Would it have been OK if he didn't provide any heat, and put a barbecue grill inside to warm the place?

The woman held the property for a full 2 years, paying insurance, utilities (including heat), taxes all the while.