Debt expense is roughly $2400 / month Annual Tax: $10,500 Insurance: $3,500 Heating expense (Nat Gas): roughly $4850 / year (One boiler for entire building & two water heaters) Estimate expenses at 5% of Gross Income Annual Rent Roll: 70k ACQUISITION COSTS: Lawyer: 1k Appraisal & Environmental: $2300 Tank Sweep, LLC Set up, Survey, Misc: $1500 Title Fees & Bank Attorney: $5K Bank Origination Fee, Gov Record Fees: $3k The property did come with one unit vacant which I filled this month.

. , the apartmentsoffer easy access to Interstate * and Interstate* and shopping within walking distance whilestill remaining in a quiet setting.One of the apartments has been converted touse as the management office, bringing the currentnumber of rentable units to 79.Units are 850 sq ft with 32 units having gasforced air heat at the tenants expense and 48with gas hot water heat at the landlord expenseThe property is currently renting at just below market but has enjoyed consistently stable and low vacancy rates.

You might be able to squeeze out a few more K waiting until summer for the market to heat up more.

After high school I enlisted in the Air Force and spent over 8 years in the Civil Engineering Service, mainly working on heating and air conditioning systems but volunteering for any open classes I could attend.

You may be safe here as I don't know the weather in Missouri (MS), but if it gets cold you'll want to make sure there is heat tape on the lines to protect from freezing.

The guy I use has a truck mounted cleaner that heats up to 130+ degrees.

It also matters how the heat is paid: separate utilities, partially separate, or landlord paid.

However, the 1,500 SQ FT home will naturally use the furnace less aggressively as there is less to heat.

Usually the most effective treatment that will kill them and their eggs is heat...then the question is what can you and can't you heat treat.

I would agree with J's assessment and pay close attention to the items he showed that you missed - demo, finish carpentry, rough plumbing/ electrical, etc.The other thing to make sure of is the major items - HVAC, roof, electrical panel, foundation, etc. loos like you are wanting to do a new HVAC system so J was correct that your entire combo price for heat and cool would be around $4k which you estimated higher.Time to get that offer in!