I plan on doing most the renovations myself which requires equipment (such as tools).

With these 3 theoretical deal analyses, hopefully ,I'll then be better equipped to jump into my first real deal. 

In Milwaukee the weather can get pretty cold and we want to protect the tenant, but also the pipes in the property from freezing.For that reason we do have a stockpile of emergency equipment which includes electric space heaters.

Funny, I was hoping to equip myself with some ideas so I could propose some transaction options to them right off the bat--but I agree with you that that is probably not the right move.

Your NOI, revenue, location, risk for the business, assets (land and infrastructure mainly), equipment (yurts would be considered business equipment), and more all play a factor.

Up north the gas company will install additional meters for a very low cost, usually hourly billed time for the work and possibly low cost equipment.

A local investor will be best equipped to get repairs and renovation done at fair prices, set rents at appropriate levels, and help select qualified tenants.

Can $25k in more marketing or equipment or staff increase your profitability even more?

Changing careers can certainly be a challenge, but it sounds like you're equipped with a solid foundation thanks to your sister's support.

What is the best overall water metering company you have found when it comes to ease of installation, reliability, and the cost of the equipment and monitoring?