Hey Mike, I've worked with Chip Lee of Lees HVAC a number of times.

And we had to do the whole thing where we had to get a contractor for our exterior paint was chipping.

One last thing to consider is that this really only works if at the end of the 10 years, you are willing to cash in your chips and move somewhere cheaper. 

But even minor issues that were previously missed can be an important bargaining chip in negotiating a lower purchasing price.

How many of you would cash in your chips?  

Before purchasing the property, my biggest concern was the pool that was de-plastering and chipping away in chunks.

If he decides to not chip in when theres a vacancy can I bring him to court and get the judge to enforce the indemnization clause?

   So I pushed the chips all in, and I left my comfortable union job in favor of a position at a commercial brokerage as a salesperson making only commission.

 Yes Federal Pacific Electric panels have had problems, but there is nothing by law that says they have to be replaced, i would to be safe. they were put in when the building was built and had nothing to do with the current owner. the furnace is the same way and you would be adding value to the property by replacing both. however i do feel that a compromise should be figured, he wants to sell, he should meet you at least  half way on the costs. i bought a SFH that i knew going into it i was going to convert from oil to gas right away ( but it wasn't done fast enough, pipes froze in house and damaged walls and floors i just finished the week before - but that's another story) i did use that as a bargaining chip to get a lower price, but i didn't go crazy because i knew it would benefit me and didn't want to loose the deal at the time. if this is going to benefit you a lot, then just try and get what you can.

Intel is a great example, who is building the largest chip manufacturing plant in the US right here, and it will be a $20 billion dollar investment that brings a few new thousand jobs.https://www.dispatch.com/story/business/2022/01/21/intel-ohio-building-computer-chip-factories-licking-county-jersey-township/9173472002/ Another example of economic growth is the upcoming Ohio State University Wexner Medical Center Inpatient Hospital which is a 1.9million square foot hospital that will bring over 800 new beds and a thousand new jobs. https://abc6onyourside.com/news/local/new-osu-hospital-expected-to-transform-health-careHere are a few more recent investments https://www.10tv.com/article/money/business/hydrogen-power-company-hyperion-bringing-700-jobs-to-columbus/530-25907aab-5517-4661-a9f3-d2ed2d5be6b0 https://news.wosu.org/news/2022-02-08/rumpke-to-build-50-million-recycling-facility-in-columbus Check out The Complete Guide to the Columbus, Ohio Real Estate Market which goes through the Columbus, Ohio market in depth and will give you a better scope of where the highest levels of growth are taking place and where to look to invest