Just discovered this thread....this is awesome!

The numbers I'll provide are just an example of a random heat pump, and the actual performance can vary slightly depending on the manufacturer, design, and the components they are combined with.

I have recently reached a point where the existing electrical components of the home are in need of replacement.

Interest rates are just one component of the economy and you have many different macro-economic conditions that impact housing such as job market, inflation, debt loads, lending standards etc. 

Purchased new a work horse set that’s pretty basic with no electronic components runs me about $1100.

There has also been wide corruption discovered within the municipalities with several folks going to jail. 

I recently devoured the book "How to Invest in Real Estate: The Ultimate Beginner's Guide" recently...which led me to discovering this community...which is leading me to thinking about my next chapter in life.

I highly recommend this read - by far, Jason is one of the most impactful and least discovered coaches I have found. 

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

It reduces risk by having them know the laws which are extensive (down to needing a compliant monthly statement) etc.The other component is no chance I could do it for that price either.