Find someone already doing these kind of projects and tag along with them on a project to learn the ropes.

@Adrian Silva @Miguel Jauregui Tag anyone else you know with this problem so they can chime in on the features!

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The price tag on this property is $379k. 

You probably wouldn't want to use direct vented gas fired hot water heaters since they carry a bigger price tag, so if you use gas for hot water heating without direct venting your exhaust has to go through the chimney - there are sizing requirements for that and requirements for how to share a chimney; electric hot water heating won't have this issue.Then you have PECO to install gas lines and meters.

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I'm fairly new to to posting on here, could someone tag any tax experts?

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

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Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.