All while given you radiation as an added bonus!

Nokia Center, The Ritz Carlton downtown Los Angeles, It’s just a matter of when most of us get priced out of the 10 mile radius that radiates outward from the STAPLES CENTER.

As a point of reference, my 1930s 8-units have hot water radiators and each one costs me about $4-4.5k/year in heating costs.

Through the years, I've noticed that prices increase first in San Francisco and then radiates out.

It turns out that one of the rooms had an electric baseboard heater as opposed to steam radiators in the other rooms and this was causing the sharp increase in their electric bill.

With that said, I have in the past provided some basic excel spreadsheets to agents I trust, and these sheets were relatively easy to fill in (number of bathrooms - full and half, finished basement yes/no, forced hot air system or radiators.

So im ready to take on my first property. i've formed a partnership with my best friend who is an agent which is very beneficial , i manage a hardware store  which will be extremly helpful when it comes to buying material aswell as networking with other investors and contractors. so heres the deal we are looking at single family twin  ( reo) asking price is 62,500  going to offer 40,000  hopeing that works . house is going to need a kitchen (12,000) bathroom (6,000) going to change the radiator heating system to hvac (approx 4000)  finish the basement (7,000) siding (6500) new oak hardwood floors (2500) new doors interior and exterior (5000) and a concrete patio out back ( 1,500)  and other cosmetics (5,000) we figure all said and done we would end up about 90,000 into the house which the market in the area has them going  around 135,000 as a median and 165,00 high end 120,000 low . how does this sound to everyone any and all insight is greatly appreciated thank you in advance for your time and thoughts.

My biggest and most expensive decision is whether or not to convert the massive boiler/radiator system that heats the whole building at my expense. 

-if you don't screen properly (and sometimes even if you do) you are going to have a lot of headaches on the noise front, especially in apartments-Since they haven't rented before, sometimes they don't know really simple things, like it's their job to change a light bulb, or to stop half-turning off steam radiators. 

I'm planning to install them in a duplex with radiators.