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Every layer that comes off gets worse and worse.

The profile you maintain for all to see is what attracts tenants, promotes interest and signals vitality.

It's best to get a layer of salt down first to keep the snow/ice from bonding with the pavement, then it's going to be up to the equipment and manpower at your disposal as well as the predicted snowfall totals, duration of event, mixes of snow and ice as well as how clear you need to keep the areas.

Heating: The 11K/yr oil bill is a strong indication there is no insulation in this building (just your standard, for the day, two layers of lath-n-plaster ... if it is a wooden building).

University seems to be a little tighter market with an extra layer of bureaucracy to deal with, seems every other year they are trying to introduce a new ordinance regarding the number of parking spaces to bedrooms a property must have.

The archer (insurance) won't pick off every bad guy that tries to get in, so having the walls and moat is vital.

Based on the (lack of) vital information you've provided and the fact that you're not asking the right questions, I would highly recommend that you hold off putting in any offers until you are clear on how to analyze these types of deals.The questions you need to answer before anyone can tell you if this is a reasonable offer/deal are as follows:- What is your exit strategy?

The archer (insurance) won't pick off every bad guy that tries to get in, so having the walls and moat is vital.

My goal is to continue acquiring rental units, perhaps looking outside of SF residences, to provide diversity, an added layer of financial security to get out of my day job.