Does a 9 year electric water heater last longer then a 6 yr?

My family currently rents a 950 sq ft apartment and honestly, I'm just sick of barely scraping by so I'm going to stop treading water and begin doing something!

We are looking at a 30-unit built in the 1960's, and the current building is set up with two oil boilers, one for the hot water, and one for radiator heat.

Don't forget to account for vacancy, repairs, capital expenditures, property management (even if you self-manage, there will likely come a time when you don't want to), and water/sewer (if you pay for them). 

When it comes to a group of trailers aka mobile homes the big thing I see is waste water and sewage .

I have created a table where I tier  all the contracts and their  balloon payments.  

These folks have caused a water damage and downstair roof has crashed down in the washer/dryer room.

When dealing with a shady handyman, that's like blood in the water for sharks.In the future, you can best prevent this by not waiting till the last minute to take care of such repairs. 

I agree with Michael that your main goal should be to determine if the property can generate a good positive cashflow after running the numbers and taking into account any cap X costs that may be coming up such as a new roof or hot water tank.

Hey guys,I have a property that I am putting under contract.It is in Clayton County, GA.The tenant of this property currently has large water bill.The owner of this property said that this water bill is tied to the owner and that it is not tied to the property itself.How true is this statement?