.$1300 in Rent against the following expenses on your original numbers:Mortgage Rate 5.00%Length of Mortgage in years 30Monthly Mortgage payment $643.78Taxes $150.00Sewer and Water $-Trash $-Heat/Utilities $-HOA $-Cap Ex and Ops $150.00 (this is a bit higher than your number, but not major in terms of the entire deal, and yes, it is a realistic number)Insurance $100.00Mgmt Fee $-Vacancy $104.00Total Expenses $1,147.78

What's the age of the roof and heating system?

We are desperate though and are looking for a way to eliminate the mortgage payment along with the other expenses of heating/cooling and maintaining the house while it is listed.Do you have any ideas on how to get out of a property like this?

Your the one who will be paying the heat and electric bill's for the house while its empty not to mention the lost rent during the rehab.

but i pay, i keep the area clean. i told the head guy some choice words after i was heated and flipped out on him... i really don't care for them at this point... i just want to know can they force me to move or foreclose on my house even if i pay the dues, keep the area clean, don't throw any parties,, etc... they don't want me calling the office any longer, i'm still going to..... i basically call them and tell them they suck at their jobs because something still isn't fixed and all they care about is my money... i do this several times a day... i could careless about them... the words i said, trust me there is no forgiving

That way, I'm not paying for the tenants heat/electric/sewer/water, etc.

Taxes, insurance, debt servicevacancy rate, repairs, mantaince, utility bills ( a vacant unit in Indiananeeds heated in the winter to prevent damage).

The only problem is that both apartments need electric baseboard heat which could cost several thousand dollars.

For additional information and requirements, refer to 24 CFR Part 39. (3) Replacement Systems. a) Heating, ventilating, and air conditioning system supply and return pipes and ducts must be insulated whenever they run through unconditioned spaces. b) Heating systems, burners, and air conditioning systems must be carefully sized to be no greater than 15 percent oversized for the critical design, heating or cooling, except to satisfy the manufacturer's next closest nominal size.

Most notably the fact that between October and now, the heat and hot water (which are tied together) have gone out at least a dozen times (i think its more but have lost track...).Now in our lease it specifically states the following:Originally posted by "Lease":We Promise, except if we are prevented by conditions beyond our control to:A.