I would have to examine the building personally to be sure. 

Or, electric baseboard heating in units that don't get heated by gas.As for electric, look for 5 meters - one for each tenant, and one for the common areas (public lighting, fire alarms, maybe power for the central heater, etc).But at least you should examine the set-up beforehand to determine whether utilities are landlord's bill or not.

When I strated my mortgage company, I had been a bank examiner, so my knowledge went much deeper than my wife's but she had been a loan officer and a processor and together we got it off the ground.

I am currently waiting on the appraiser to come out and examine the property.

Have you examined the requirements under NJ's Multiple Dwelling and Hotel Act (the law that governs the issuance of a 'Green card' for residential properties of 3 units or more)?

Another applicant had a reasonable credit score but upon further examination we discovered that in the past they had two collections for back rent.• Criminal History - If the applicant has any criminal history (federal, state, county, sex offender, etc.) you do not want them.

Then when you understand the basics you can examine your market and that will take you to the ways of formulating your goals.

He mentions looking at other properties currently for sale and examining their operating statements.

I'd love to see a statistical model that examines market reaction on the days Obama talks . . .

I agree with the comments above but I think you should examine why you need the license for investing.