If I was considering the purchase for my own home I would choose gas.  

We use a Snapper 8 horse gas blower and it will go through three feet of snow like a hot knife through butter....if you do the blowing in the early morning before the sun hits the snow and makes it heavier.  

Gas and Electric bills from the winter months.

Tax - 2.6k (6%)Landlord Gas Water Heating - 1.3k (2.9%)Landlord Gas+Oil Heating - 2.8k (6.5%)Landlord Other Utilities - 5.5k (12.6%)Insurance - 1.1k (2.6%)NOI - 11.8kLending costs - 8.6kAs is, cash on cash would be 5.5%Is (eventually) getting 10% cash-on-cash realistic here?  

Please share your experienceWhat would typical water/garbage/gas bills look like for 3-4 unit multi family building in Chicago / Cook County / Illinois?

Asking price..850,000GR.....75,600...No vacancy added 10% for vacancy....75600-7560=68,040Expenses...26,879.15...not showing management....Insurance......Gas 
Took 50% of adjusted gross income 
Which equaled..34,020 The cap rate with the price of 850,000 and NOI of 48,721 = 5.7%.

When you ask most Anericans would they rather have the gas tax indexed to inflation or increase the depreciation life real estate investors can take, I don't have much doubt which one they would choose.Don't think I'll get votes on this post as people don't want to hear this (including me), but it is just my 2 cents on the trend to expect.

Where we are located, the city requires the water/sewer bill to be in the landlord's name, so the students pay the landlord the rent, water, sewer and trash and then the students pay the electric, gas and cable/internet directly to the utility company.  

She is requesting that I pain the kitchen, repair chipped Formica on countertop and Formica that is coming up on counter and also fix or replace hood over gas stove.

Avoid people with poor pay history on utility companies (power, gas phone).