Property owners typically cover water and sometimes heat.

In case it's helpful, the property is a SFH row home in Philly, approx. 1200 sq ft.I don't have much experience with the heating / HVAC repairs so appreciate any guidance.

Purchase price: $137,887 Cash invested: $30,000 Sale price: $201,000 3/2 1650 heated sq feet.All brick in great neighborhood How did you finance this deal?

There may be other costs like heat if they aren't separate & lawn care/plowing which could eat into your cf. 

@Terrez JarrettHere's a case study for you.We bought an 2 bedroom/1 bath half-duplex SFR with central heating and air in November two years ago for $25,000 cash in the greater Pittsburgh market. 

Its heating up again though. 

( there Is no oil In the house, It Is natural gas heatIng)Thanks CtNy Ma

Let's go with the following rehab cost assumptions for simplicity purposes: Plumbing: $2,000Electrical: $2,000Big Ticket Item (Heating System / Roof Replace): $7,500Flooring: $4,000Cabinets/Counter-tops: $2,000Paint: $4,000Walls: $500Landscaping: $1,000Appliances: $2,000Total Rehab: $25,000Even with other holding costs, let's go with the assumption that you're all in at $30,000.

So the Trulia crime heat maps are okay, but from my experience, they are often outdated.

I have been doing AC and Heating for the last 35 years and am tired of it.