A garage that is not properly insulated may be uncomfortable to live in and may not meet local building codes for habitation.Heating and cooling: In order to make the garage comfortable to live in, you will need to install heating and cooling systems.

There are also winter issues (e.g frozen pipes possibly bursting and having to crank up the heat to prevent that) that we don't deal with in CA.

I had one concern about the older heating system in the property and needing to replace it soon, but OCF was even willing to add a clause to the purchase agreement where they would replace it if it failed within the first year.Communication has always been top-notch, which is exactly what you want as an out-of-state investor.The estimated cap rate has been spot on at 10% so far, so OCF does not inflate the estimate to make sales!

Some tenants will leave windows open with the heat on.

Year built3. year of updates (roof, plumbing, heating, electric)4.

One reason I did not initially raise the rent higher is because I switched the heating system to a new tenant paid system and the extra cost made up for the difference in rent.

This confirms that the correct heating/cooling equipment is used. 5.

If I buy house for investment i run the numbers and everything look good but and its a big but... the house on flood zone from 1-10 he at 9 now let me make it clear its not a lake or something close to it city close to downtown chiago not lake around it very metropolitan area.. but flood zone 9 so i know its can be a big factor when i want to riff after i finish my renove there and want to take my money back 75% i know also the insurance van be factor with the price i can pay every month.. so if some have idea or experience with this subject the house located  oak park Illinois.. 

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

This Mountain Modern condominium has high-end finishes in kitchen and bathrooms including heated floors and custom built-ins in the living room.