The principal differences being:the electric baseboards (EBB) are install and controlled on a room-by-room basis; andEBBs rely on convection to permeate heat into the room (there is no fan circulating the air)In theory EBBs should have similar operating costs to a centralized electric forced air furnace (if not lower), however, in practice, that is usually not the case.Because of their reliance on convection, EBBs have slow recovery - i.e. if there has been a draft (someone opening an external door or window) or if the heat has been set back during the day and was turned up on the occupants return.  

Did not schedule the seasonal HVAC inspection and burned out an A/C unit because of the cotton from the cottonwood trees had plastered the external unit.I easily get sidetracked in spreadsheet dreams and deal analysis trying to justify that a deal 'could work' rather than moving on.Not analyzing enough dealsI could always find a justification for lack of actionInstalling the carpet before painting.Not asking for creative financing.Not building relationships before a deal is available.Not asking for help Not listening to the podcasts

Hopefully that correction isn't flushed further due to external/foreign events (like Deutche Bank or the host of EU countries drowning in debt).

Get proof of that income and verify that it is consistent (same in Jan 13 as Jan 14) and not dependent on oil prices or production levels or some other external factors that she cannot control.In addition, I think the $3K on $1600 rent is pretty slim, I would want to see the persons last 3 mos of bank statements to see if they have some savings built up or if they are living oil check to oil check.I would not be excited about renting to 2 unemployed adults with 3 different pets.

I was trying to illustrate that some companies do well regardless of external financial crisis, panic, European debt issues, etc.

If tenant hesitates to install app I don't get much value out of it.Not clear if you can digitally sign external documents (Ie, CAR lease)TenantCloudProsExtendable WebsiteFlat Fee based (no per ACH Fee)Usable maintenance system, e-signing of external leasesConsNo Mobile App (But website is mobile friendly?)

Maintenance: Do they hire external or internal handymen? 

All the material adds up to about $5,000 covering everything; siding, soffit, facia, fasteners, vents, vent covers, utility boxes, even new external light fixtures.

The cost approach estimates the cost of replacing the subject and is generally higher than the market value (insurance companies use that to over insure you, LOL) but don't forget to apply depreciation to the cost approach bringing in the difference in age of an existing improvement to a brand new one, look up internal and external obsolescence as well.Many here only consider the income approach when buying a rental, I suppose you can do that with a pig, but when you buy you're buying at market value, so the sales approach should usually be weighted more in the market.

Highly likely that any future appraisal will mention the halfway house as an external obsolesence issue, a factor that is external to the subject that reduces value.