Instead of putting him on the placemats like he wanted, I helped him work out a deal with a privately owned oil lube place. 

People make money by selling FUTURES in wheat,oil,hogs...because of agreements in place.

This is what I do and it works like a well oiled machine (I own property and also manage property):-You show it ONCE per week between a one hour window.

Underground heating oil tanks were sometimes used too.Keep doing your homework and know of all of the potential pitfalls.

I've heard alot about having verbiage in rental agreements / leases that allow you to increase rent based on oil prices crossing a pre determined threshold.

If over 5 acres, tell them your father said it has oil under it.

Many years ago during the days of Oil heat a friend of mine installed one for the tenant to play with & one discreetly installed that actually worked left @ whatever the minimum required temp was.

There is clear evidence of oil tanks previously being present.

A good set of processes, standard operating procedures (SOP's), and policies can be the difference between a successful, well-oiled machine type of organization and a chaotic, inconsistent, and frustrating one.Their concept of "McDonaldizing" your operation is exactly right.

Add in the underground oil tank and what looked like a $40-50k rehab probably would have been significantly more.There is a learning curve to walking a house and knowing costs to rehab, but it's all part of the game.