I was gearing up for a great 2012 until Fannie Mae wouldn't approve my mortgage without a central heating system.

Zach,I can't blame you I would not trust them either. a lot of people in my area fill the tank, include it in the price and advertise free heat.

Originally posted by Brian Adamson:Who's paying for the utilites...heat, electric and water?

My HVAC quote was about 3k for new A coil/heat pump/condenser installed.

What Im more concerned about and what Im working on today is getting somebody in there to look at the heating system, electrical, plumbing, and roof.

It is set up so the landlord pays heat and water, tennant pays electric.

I've wholesaled both and the differences I noticed were:1) You'll want to get a survey so that you know exactly where the property begins and ends.2) In NJ (and the northeast in general) there are issues with underground storage tanks (UST's) that were used from the 30's going forward when many homes were converted from coal heat.

Replace all interior doors ($7000)Heating/Cooling – New Furnace ($3500), new baseboard heating ($1500), New A/C ($500), does water heater need to replaced?

I bought a duplex for 13k and put 8k into it in heating system and remodel of attic to turn one of the apts to a 2 bedroom apt.

Over the past year i have a lot people ask if i had any rental properties with heat.