I was reminded of that first hand this week.My tenant called me Saturday to tell me the roof was leaking and texted me a picture. 

It's like I would be wasting gas just circling around the courthouse trying to find a spot.

It's like I would be wasting gas just circling around the courthouse trying to find a spot.

In our area, as an example, Duke Energy has a deal where people can pay their power bills in gas stations, hardware stores, etc. 

These are all signs of a line leak that could be eroding the ground/foundation.  

If that furnace is oil or natural gas/propane it will most likely be in the rage of 60 - 70% efficient.  

Purchase price is $38,500Rehab is $35,000Hard money loan points Insurance is $1600 for the yearElectric, gas, water bill was $1000+Property taxes- $2,600Arv $160,000Profit- TO be determined Lessons learned- priceless My first deal is about to be under my belt.

I'm going to be a bit of a contrarian to the above posters, but let me first qualify my post by stating that your market will determine what you should do.We frequently install en-suite laundry in our units - in fact, we have removed common coin-op laundry in most buildings of 6-units or less in favour of en-suite laundry - for the following reasons:electricity and, in most cases, hot water costs are transferred to the tenant;where water is sub-metered, water costs are transferred to the tenant;high-efficency residential laundry machines are about half the capital costs of commercial coin-operated machines;we can command $30 - $50/month in additional rent with en-suite laundry;by installing our own machines, we know they are installed property, with catch/drain pans and {going forward} leak detect shutoffs; andwith en-suite laundry vandalism of laundry machines has been non-existant ... and if a machine is damaged, we know who is responsible.We have a good rapport with a couple of local appliance suppliers and get called whenever they have "dinged and scratched" units to unload ... a small, cosmetic dent in the side of a washer - which will never be seen when it is installed in a laundry closet - can be worth a 40 - 50% discount.  

While I was there they told me the washer is also leaking into the basement, but they thought "maybe that was normal." 

says to address the land drainage and land grading and get a plumbing leak test and that foundation would not benefit from any type of foundation repair and is not in distress and is structurally fine.