Features include a large living area with a heated and cooled attached sunroom.

From Zillow:Features include a large living area with a heated and cooled attached sunroom.

And there's usually enough heat from the other units to keep the pipes from freezing if one tenant shuts off the utilities.Lots of luck getting the tenant to pay any future judgement you get against her in small claims court. 

I don't live in Minnesnowta anymore, but putting in new windows and heating are a great upgrade.

Yes you don't eat a mortgage, but you will have costs such as keeping the heat on in the dead of winter to prevent pipes from freezing, insurance, etc. you want to be conservative with the numbers to give you worst case scenario. how are you looking with capital expenditures?

Excellent location on a park in a downtown.Asking price - $390KCurrent Rents: $3675/month (could easily be brought up to $4875 with almost no investment) Expenses Monthly Taxes $ 663.25 Insurance $ 208.33 Water $ 291.67 Heat $ - Electric $ - Plowing/lawn $ - Trash $ 100.00 Prop Management (10%) $ 487.50 Repairs (5%) $ 243.75 Vacancy (5%) $ 243.75 CapEx (10%) $ 487.50  TOTAL $2,725.75 I'm optimistic that I can get the property for $300K.

We will be upgrading the heating to separately metered natural gas furnaces.

You need to know the condition of the plumbing, heating system, foundation, roof etc. 

Well come to find Mr. homeowner is nailing up blankets in living room and claims heat and power turned off.  

And that's usually our government, who the majority of the populous voted for.And rest assured, this problem is just beginning to heat up - not just in America.