If a 7k cap ex project hits, it currently eats up your entire year's profit.For the 10% expenses.....In this area, and compared to your potential competitor's tenant's pay for water, electrical, heat, snow removal/landscaping? 

The major costs are roof, (must have a 5 year life to get bank financing) - so find out when the roof was last replaced and if it was a "tear off" or simply adding another layer, electrical - is it updated or original, for the plumbing is it updated or original, heating/AC system what type (gas, coal, electric) and when last replaced, foundation - are the floors level or are they sloped, the siding and windows - are they original or have they been replaced.

Do any of you use the split heat/air ductless systems in rentals?

So I just won a bid on a single family house that the bank thought was still occupied (witch means they did not winterize it). I talked to the neighbor and found out that they moved 2 weeks ago. The problem is that th...

No opinion on your location, but in general:Older homes:Better framing/worse foundations/mechanical systems in need of serious update (electrical, plumbing, heating)/area either more run down or more expensive (already gentrified)/more compartmentalized layout (no "open floor plan")/more dangerous material (asbestos, lead paint, knob & tube)/more termite damage/cheaperNewer homes: more or less the opposite. 

I am going to move out soon and want to close those vents off completely so only the first floor receives the heat/air.

I am looking to replace a smart thermostat on a 4 families building; currently, a 250,000 BTU furnace supply heat to entire building radiators.

Also, the usual, heat/snow removal/water/electric... but I assume that you assume renter would pay for all those. 

I'm considering a two family property that uses oil for heating/hot water. 

It has baseboard heating, but can anyone think of a cheap way I would be able to cut those expenses in half?