One issue that came up once the heat was on and I jumped into my first (what I thought was going to be profitable) deal is that my exercise program just got scrapped.

And where the landlord pays the heat, in winter: "it's too cold" or "it's not hot enough" ...

Those owners either had entirely given up and lost all hope, installed any tenant who could fog a mirror and are paying dearly for that rent, or are eating heating bills/property taxes/etc. on an empty property.

. * 1 unit needs a fixed heating source installed.The holdover tenant (previous owner) has the keys to that unit that they were using before.

This number includes heat / hot water for all units.

How water heat by Owner.

Or anything with HOAs or where the owner pays ANY utilities.Around here enclosing the garage and thereby adding heated square feet was popular once but I don't like those, primarily because I see a lot of people that want an actual garage.The sweet spot here are 3/2s, though the spoiled college crowd demands a private bath with each bedroom.Speaking of the spoiled set, I just rented a four-bed to three college girls who converted the fourth bedroom into a MAKEUP ROOM.

It will need new floors, kitchen, bathroom, and heating.

How's life down in Miami?

Some areas, phoenix, miami condos, las vegas, nice homes are selling for 25% of what they sold for 4 years ago, some even less.