We are seeing a trend we’re competition (demand) is heating up outside the core while options (supply) are increasing in the core.

You’ll do fine just remember to wear a bulletproof vest and pack heat when you collect rents 

This property uses oil to heat the home.

No heat because of no power.

Interior and exterior fully updated, important items such as heating, roof, etc updated.

(In advance I know some of the variable expenses are fixed and the fixed are variable.)Fixed expenses: Electricity .04653 Water and Sewer .0167 Garbage .0352 Property taxes  HOA's .05 Heating .045 Monthly insurance .024 PMI .01 Variable Landlord expenses Vacancy rate .06-.09 Repairs and maintenance .02 Capital Expenditures .08 Management fees .083 Depreciation (1/27.5)My question is this.

Heating system floors. 

It does not have zone heating and we were told it cannot be converted to that.

The property has an oversized detached 2 car garage that has heating access.

Things have been heating up in the Biltmore area for years, and the prices certainly reflect that.