In a high-end market and environmentally conscious area I think it is a great idea, and will sell the house faster. as @Aaron Montague suggested, try talking to some solar installers.

I don't own any SFR currently but my personal investing style is I wouldn't want to own those properties long term.

The higher end rents are for 'luxury' apartment complexes with amenities or condo style townhomes.

I would consider asking the seller to remove the tank and get a "no further action" certificate from the State Environmental office (that's what it's called here in NC - not sure if it is the same in NJ but pretty certain there is an equivalent.

if it was an auto repair shop, there could be environmental liabilities.

.- Establish reasonable fees prior to tenant move in for move in/out damage(we are townhouses style), administrative fees in maintaining tenant information.- Minimum of 12 month lease terms.- Can't rent a unit until a year after the sale agreement.- Can't own more then 3 units(144 units of condos and townhouses).

The property is old (1950's), so I need someone who will find environmental issues as well as maintenance problems.

However, there are lots of folks here who are into turn-key style of investing and for whom repositioning is anything but a deal.

It looks like a regular fireplace to me, but I'm imagining some flimsy sheet-metal style chimney or something :-/Thoughts?

. - Sex Offender List - Potential Zoning or Future Planning Impacts - Environmental Concerns / History - Flood Plain (already mentioned above) - Sewer Line InspectionJust thought I'd share.