I had my plumber fix all the burst pipes and when he repaired the pipe close to the boiler water supply he discovered oil boiler had developed cracks on it spewing water onto the floor.Is this covered by homeowners insurance?

You are far enough away from North Dakota that you are less likely to value or rental rates drop from the oil bust.ConsYou have a lot of equity sitting the property you can use elsewhere. 

Heck, they built a pipeline for oil all the way from AK.Your info on desalination is very interesting. 

I got an email from another property he was interested in where there were 150 showings in 3 days and 30+ offers....we didn't even bother going after it.How are the properties in Greeley since oil has slowed down?

What effect will the decrease in oil prices have on the market?  

i know what you mean. im doing that currently with oil ETF's. 

Accountant for a private Oil & Gas company.

Compounding interest going the wrong way with those rates and put you underwater real quick (companies like Linn Energy when oil dropped). 

I also talked about the oil & gas industry in the area - he specifically said to be careful when renting to rough necks because they aren't the cleanest group of folks.  

The shale oil fields in the Dakota oil fields sprung up over night and created huge opportunities, then disappeared almost as fast.