And if you ever have your bank accounts frozen by a court, you'll have the dickens of a time getting the deposits back to your tenants within the time legally allotted.

The ventless heaters work even in a power outage saving you from worrying about frozen tenants in a winter storm. 

Again to clarify this basement was water damaged from frozen pipes bursting NOT water seepage.After considering the costs and all the posts above I thought of this - Scrap and paint the blockPaint the drop ceiling framing and put in new tilesSurface mount the existing electrical outletsPut in cheap carpetPut in cheap baseboard trimDONE.

No heat in winter can result in frozen pipes.Why do you think four of four units decided not to pay rent from the start of your ownership?

Helocs for SURE can get frozen and called.. make no mistake about that..

Sue marries Bill in 1997.They divorce in 2000, and Bill, broken-hearted, moves to the frozen north (Canada).Sue marries John in 2002.John dies in 2005.Sue marries Sam in 2010.In 2015, Sue and Sam decide to sell the house on Main St., which is still held in Sue's maiden name.

Also depending on location pex has a harder time bursting when frozen.

ive seen frozen houses from dead T-stat batteries, if i can save just one insurance claim, it would be worth it to spend $12 instead of $17 on a Tstat. 

They finished the repair and I'm waiting for the bill, guy said maybe 5 grand.. and not covered by insurance for me.. but we got it fixed before freezing weather and that would have been much harder to fix, he said frozen ground price doubles.

Install a water meter alarm, it hooks up to a phone line dials up number if it senses a continuous use of water so the property can be checked.You need an addendum to lease that specifies that heat needs to be kept at 68 degrees or tenant will drain lines and shut off water if property is left for long period of time.If this would have happened in a upstairs bathroom / frozen pipe / you could have really had serious damage.