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. 

I have a few guys from Tel Aviv that invest with us already in a quite fluid manner.  

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.

If that is his heat source, he will probably want heat before winter hits.

I would probably not want to try to rent out apartments smaller than 600 SF in my market, and in a new building tenants would expect 2Br 2Ba, central heat & air, dishwasher, w/d hookup in the unit, and elevators beyond 2 floors.

I look forward to being more active on this site and heating back from all of you.

I guess in FL you would usually see them on the top (a/c is better on the top, heat better on the bottom). 

By the time he started having problems receiving rent, there was 20+ crackheads living there, all utilities were off due to non-payment, except the water, which the tenant manually shut off himself after a pipe busted from having no heat in the house...not to mention sewage backed up and the entire property completely trashed!