., no heat in winter, no adequate plumbing) or something minor (the toilet roll holder fell off the wall).Gail

The common areas have electricity for lighting and hot water heat and there are two coin laundries so the owner utilities consist of common area electric for lighting, gas and water for the common area heat and hot and cold water for the coin laundry. 

I'd love to have them both of them billed separately and not have to deal with including heat in rent for either one.

LTV is 75%. 5 PlexTotal Rents: $45,600Vacancy 8.7%: $3,967Taxes: $4,520Insurance: $2,100PMC: $4,560Repairs: Unknown (Could be $1,000 or best guess of 10% of GRI $4,560) Need inspectorElectricity, Heat & Water: $2,500Misc.: $200Total Expenses: $14,880NOI: $26,753Mortgage: 4.63% Debt Service: $18,026Cash Flow: $8,727Down Payment: $97,500CoC if Maintenance at $1,000: 8.9%CoC if Maintenance at $4,560: 5.3%The maintenance portion of the above is not fully vetted and could bring my CoC return lower.

Runners approaching the 20th mile in the summer heat will know exactly what I'm talking about.

HOA has healthy reserves per sellerOne special assessment since 2008HOA takes care of water, Heat (gas) and water boilers (one per two units), outside maintenanceProperty management cost $500 per month and handles all paperwork, payments to vendors and collection of dues.Thanks

You should be able to do this by finding good comps in the area with and without heat included.

Livable (heated) space is around 2450 square feet.

We are buying a property in a C neighborhood in Garland, TX where most of the houses do not have central heating and air. 

A bust deal worst of all.Its a saying I made to help me always remember when Im in the rush of the heat of the moment (we all know that feeling, especially at auction :D ).Sometimes you just need to saddle up and ride off into the sunset onto a different region with better returns.Ultimately, its about making a profit, not about convenience, about simplicity, or about "ease of access".We didnt work W-2s because it was "convenient" we did it because rent was due on the 1st, late by the 5th, and evictions occur 35 days after lol.Investing requires a high amount of discipline, and the consequences are high.