I have read that things like roof and heating systems dont add that much value to the house.

I'm looking for opinions on a deal I have just began to pursue. 24 unit12- 1 BR12- 2 BR6- 4 unit buildingsTennants pay heat/elecLandlord water/sewer3.25 acresasking $720,000 or $30,000 per unitSmaller mid-Michigan town near expresswaySome updates have been done, for the most part apartments are worn.

The only repairs we are doing is a major complete bathroom remodel, new sheet rock, window and door in the kitchen, new heating system, and 3k in repairs done to the electric.

There could be other assumed obligations (heating, cooling, running water, safe electrical when dealing with a rental and you are the landlord).If you want the ability to buy something in the future but not the obligation you are talking about an option.

In TX it's very difficult for me to do much outdoors between about 1:00 and 5:00 PM without getting bad headaches from the heat.

Get ready for the heat!

That means you paying for the roof, the hot water system, heating or cooling, secure doors and windows, controlling pests, etc.Evictions have been overturned because of a landlord expecting the tenant to do too much when there was a lease option.John Corey

Traditionally, an "internet troll" is someone who posts topics that are known to be inflammatory on a board, with the intention of trying to start a heated and pointless discussion.I think Tony may have meant this guy seems to be asking questions that he could actually answer, and in the process promote his business.

The landlord has a legal responsibility to provide heat (cooling?)

Some of them will actually whip out a tape measure and verify it.Include everything they would be renting that is heated and/or cooled.