Result was the condo fell behind on it's bills, mainly electric for the common areas and central heating.

In general: (1) I think we will need to hire a foundation company to seal the foundation, (2) I think we need to clean the place out & that will take a minimum of 4 dumpsters, (3) the flooring needs to be replaced throughout the house, we need a good flooring guy to go in and get that done, (4) the heating system needs to be replaced, (5) the radiators throughout the house need to be replaced, (6) the kitchen needs to be re done (new cabinets, new counters), (7) the bathroom needs to be re done, (8) walls throughout the property need to be finished, there is bare sheet rock everywhere, (9) trim needs to be added everywhere, (10) staircase rails need to be added, (11) the entryway needs to be completed, (12) front door needs to be replaced, (13) electric needs to be upgraded.

After reviewing documents and calling the heating and cooling company they used, the company stated that they ONLY serviced the two furnaces and NOT the A/C units.

Demand for houses continues to skyrocket, according to a report from Redfin CEO Glenn Kelman. Seasonally adjusted demand for houses during the week of June 1 through June 7 was 25% above pre-pandemic levels. Kelman sa...

Roof, windows, doors, garage doors, gas forced air furnaces, AC heat pumps, appliances(stove, dishwasher, fridge may have been replaced, but still dated), and toilets all original, so about 30 years old.

I had the same debate with my house hack and decided to go with a unit that does has both heat and a/c. 

insulation in ceiling & on walls, heat/A/C unit, electrical & lighting, perhaps need to upgrade the electrical panel in there, replace garage door with something else, new interior walls, drywall, bathroom fixtures, some kitchen appliances, and finishes (paint, tile, etc).2. we have all types of Contractors here, from high end to fly-by-night. 

Ask for Joe at j&r heating and air in Riverdale he will take care of you 

Snow removal, flood insurance, unique heating and cooling costs, vacancy and CapEx are very nuanced by location. 

We will be installing mini-splits for heat and AC in the second unit.