Unfortunately, it isn't easy for even Greek citizens to get a loan. 

I heard there were these magical oasis's in some cities that were similar to the Greek city of Athens full of culture, art, civility, and prosperity, I believe they were called projects. 

better solution with your ancient boiler, get rid of the whole thing and install a gas forced air system.

I was here in the States when the Greeks were hit with capital controls by the EU in 2015.

I see that with the "similar posts you may like" bar....some of them are ancient by most standards- so may or may not help, but there is zero reason to comment on them at that stage. 

Really great to receiving an answer from a Greek as well , who has experienced the situation here I live in Zografou area , Athens .I personally agree with you , that Athens has opportunities for small investors .

My intention is to not initially increase the rent, make some improvements to the efficiency of their HVAC systems (go from ancient oil to high-efficiency gas) and, once I have the work done, increase the rent to compensate.

Quick update on this one.I've seen the property twice (couldn't see the downstairs apt the first time).My father in law is very concerned with the roof since it has multiple layers of shingles and Yankee gutters (built into the eaves).Both boilers are ancient as well.I'm feeling like this could become a money pit very quickly.

Hey GangCheck out some of the excellent demonstration videos both animation and live footage on ;"Trenchless Pipe Replacement" and/or"Pipe Bursting"Very informative,,,I do these type of jobs in So Calif so I can speak with some authority on the subject,,,Again my purpose is to strictly give good information and adviceI like Trenchless as opposed to "pipe lining" because with Trenchless youre actually getting seamless New Pipe and Johns Manville guarantees the stuff 99 years.You can drive a Mack truck over it and it returns to shape.With Lining all youre doing is creating a fiberglass liner inside the original "ancient" clay pipe cracks and all .Hope this helpsDD in L.A.

Lots of assumptions are being made, if you want to think that US banks will fail (again) because of a Greek or Spanish debt default.1.