A comparable dwelling unit:• Is constructed in accordance with the standards of chapter 4 of the 2006 International Energy Conservation Code as such Code (including supplements) was in effect on January 1, 2006,• Has air conditioners with a Seasonal Energy Efficiency Ratio (SEER) of 13, measured in accordance with 10 C.F.R. 430.23(m), and• Has heat pumps with a SEER of 13 and a Heating Seasonal Performance Factor (HSPF) of 7.7, measured in accordance with 10 C.F.R. 430.23(m).All of our AC and heating units are SEER rated 13 or higher, and I found the construction codes for the IECC chapter 4 and in reading them we appear to meet all of those requirements.

Hi Elliot,To really analyze the deal, you'll want to factor in a few things (i.e. repair expenses, vacancy, etc) that you may have overlooked from your numbers above.Try searching for "50% rule" on here, or check out this (rather long) sticky thread to get an idea of things you'll want to consider:http://www.biggerpockets.com/forums/52/topics/17612-where-does-the-5-rule-come-from-

Chicago went up 1% in July & 0.5% in August.It looks like BP was incorrect on the appreciation factor.

thanks for reply:so in my case then , the thermocouple is good bc i can get the pilot to light, and if fact, left it on all night in pilot mode and it was lit the next morning.

Oh well, hindsight is...I stumbled on this site after a phone call this past Saturday morning for a vacancy in my Mom's building.

Morning BP FamMeeting with my RE lawyer today any questions u can think of I should ask would be helpfulThis is our first meeting

Good Morning All,I wanted to validate my thinking.

Every day is different, but the one thing that's consistent is that I try to work ON the business for about 2 hours each morning.

I may pull the trigger tomorrow.There are a few factors you may be overlooking. 

This is a pretty personal issue that depends on a host of factors including your current financial goals, investment opportunities, risk tolerance, time horizon, cash flow, cash reserves, etc.