For me, it has to be a data-driven decision: what is your current NOI, what would be if you replaced the boiler, how much will it cost, and how long will it take to get your money back...If the area and marketing don't warrant central air, I would NOT do conensors right away and just focus on the forced air.

And yes you can move the market with just $1M.

Happy to connect and work with anyone trying to expand their business.I am working on building an industrial portfolio of my own - consistently searching and analyzing deals.My main market is Southern California, but I am slowly expanding my lens across the US.Ronald Rhode and Chad Griffiths are the best content creators in the space hands down. 

I bought a condo in Norman Oklahoma 3 years ago and due to the rental market, I have struggled to get another.

Would love to network with some people to get to know the area and the market a little better, as well as to hear about your experiences.

Welcome Joshua, I work the Atlanta market.  

Look at their marketing strategy.

Which ones will still deliver in a down market? 

That would probably be a good market for something like this.

Analyze Rental Comps & Market Trends•Look at recent rental comps in the community—not just those from a year ago, but the most recent listings with similar size, layout, and features.