I gave up on them years ago & install on-demand NG HW systems instead.

As Rich said, being retired is B O R I N G!

http://hotpads.com/search#lat=33.70631702490377&lon=-84.12226617336273&zoom=24&previewId=56c552jwpx7td&previewType=listing&detailsOpen=true&listingTypes=rental,sublet,room,corporate&includeVaguePricing=false&loan=30,0.0525,0Here is the link to it Jon, I got new HVAC system with cage for AC, stained cabinets, from old oak color, reconfigure appliances for more access to kitchen tops, replace tops, refreshed bathrooms (new vanities, fixtures), re-done all the flooring, repaint the railings from old black color, hang little coat holder and replaced the window on 1st floor.

I just want to account for the possibility of the unforeseen.As far as the numbers, it is a township parcel with 1.5 acres, city water and NG.

Would it behoove me to keep that in mind in my decision making ... i.e. think twice before using electric hw heat because we won't be able to take advantage of ng to heat our water when it comes ...okay, hopefully these questions are clear enough and I've given enough info for some meaningful conjecture!

Check this 4 br property out.1700 Bexley Dr, Hopewell, Va 23860. asking price: 94,950/ comps for 3 br 125k to 150k. the numbers: 150k selling price -15k selling costs -15k rehab budget -94950 asking price =$25,050 profit[url]http://www.realtor.com/realestateandhomes-search/Hopewell_VA/23860/1700-bexley-dr#/lat-37.26698050142027/lng--77.31285900000002/zl-14

To be honest, the move away from NG would really be a matter of $ on the front end.

So, if a property value were headed to the basement, say due to external factors, like a factory being built down the street, or deflation, or for any reason and you had tenants in the buildi ng, but a few left and you were afraid the property might not cash flow, you would give it back to the seller (lender)?

The cash is not there (2% rule) but even if you want to tie the house with a L-O-N-G closing date so you can find a retail buyer, here is the problem.

I will warn you in advance that it's L-O-N-G!!!