The puget sound market is pretty inflated as it is, so you may have an easier time riding out any upcoming correction in a less heated market.

New heating / plumbing / electrical How did you find this deal and how did you negotiate it?

They are 3 bedroom, 1 bath, central heat and air. 

This is the way that I understand it but I’m sure each case and lender can differ and markets tend to be fluid over time as well.

According to the article I read on an apartment owners association website it's the governor's emergency Heat Wave declaration that affects all 58 counties and enacts PC 396, for 30 days, unless/until extended.  

They make sense from a tax per unit prospective, but I cannot justify paying over $60K per unit (mostly 2 bed 1 bath) for a multi-family that is distressed and still has radiator heating each unit.

When you include utilities in rent tenants tend to be less conscious of turning off lights over keeping the heat low.2. include a clause in your lease agreement that says utilities are included up to a certain dollar amount.

Other than heat tape, have you found any other tricks to keeping pipes from freezing below the mobile home and/or in the meter box?

Very interesting stuff.I'm also bullish on STO's and blockchain in general.We considered doing an ICO and pivoted last second.There is too much heat around ICO's and I'm not keen on being in a room with "Bubba" heheI even spent $30,000 on the freaking whitepaper lolThanks

While there is always the possibility of the owner incurring a gas or electric bill liability... the alternative of letting it get shut off any time between November and March (especially December through February) could result in a financial disaster for the owner.I would be curious to know how many of you in the Cleveland market actually use utility reversion as a precaution vs how many take your chances; and separately how many winterize vs and how many of you leave the heat on in a vacant home.Best of luckBob Collett, PM