I don't have all the data points for your property, but I would assume that your monthly expenses exceed 50% of the gross rents due to the abnormally high taxes, property management, relatively high vacancy rate, and the age of the properties leading to higher Capex and maintenance expenses.

I wouldnt switch it out because of the age of the furnace, if I could have it certified and it was in good condition, but I wouldswitch it because its fuel oil.

I do stuff the Stone Age wayMy ways may be wrong a lot of the time ,sometimes I leap before looking But it gives me something to do :)I bought with cash ,had a little change for repairs and the money is put up for next years taxes etc my wife says I can play but don't wear myself out

My main concern is the age and oil heating.

Alittle off the current trend, but got t aged about my response on page 1, back in Novemeber.  

your 100% leveraged so the key is beig able to a age that portfolio.

They have only been there for 1 1/2 months and with kids there, I am sure there is some hoops I have to jump through, my neighbors kids are the same age so I will use them as last resort.

Age today?

If I borrow $10k of untaxed money, repay it with taxed dollars and withdraw it, taxed, at retirement age I've paid tax on $20k.

Wish I started at his age......hind sight is 20/20...Johnny