Or "opportunity cost" with my time 2) Valid point - but i see it happen all the time and customers pay it.

If taken seriously it makes this suggestion not valid.

I don't know how much a basic water heater or dishwasher costs today but the deductible plus a few months' premium would probably cover either.The only repair they ever covered (not quite) was a cracked heat exchanger in a gas furnace.

@Joe VilleneuveAll very valid and true points.Guess it just depends on your comfort level. :)

And, like a piece of candy corn on Valentine’s Day, I’ve even considered gas stations.As for analyzing deals, I don’t care what kind of deal it is, as long as it reflects California taxes, permits, and labor costs.

I mean, hey, I came late in life to financial sanity and the decision to invest and retire early, and made lots of stupid decisions early, but I'm in my mid 50's now and have people my age that are just pitiful.A friend of ours posted on Facebook that her husbands wallet was stolen and they don't know how they are going to survive till payday because it had almost a hundred dollars in it and now they can't buy gas to get to work.100 bucks is a disaster?  

howdy BP'erswe have a house we are rehabbing (flipping) in Denver that has two fireplaces, the upstairs has a working gas log set up from the 50's, cute but probably not terribly efficient. the basement has a fireplace with a gas pipe stubbed to the fireplace that is currently a wood fireplace. we are thinking of keeping the downstairs FP as wood burning. the question is what to put in the upstairs fireplace. tell us your thoughts:gas insert ?

If they did and their is a recorded lien release then it's an unsecured debt and walk away.Get a title report and also make sure your PSA has language that the note is a valid redeemable first position secured lien.

If you find a tenant, usually they'll sign an annual contract, so you have to deal with a vacant property next year during the winter if that tenant doesn't renew.2- Higher vacancy during cold weather means a higher gas bill to keep the house warm enough to protect the pipes. 

Also consider the cost of getting from place to place (gas, set up fees, etc).