In NYC landlords ofter pay the heat and the electric that controls common-area lights, the boiler and the hot water heater.

The housing market is heating up.

Assuming there's a level playing field and you're not rent regulated, you build it into the rent like the mortgage, water and heat.

With this you should be able to figure the arv for the property. ok then in no particular orderMore info on the house# beds/BathSq FTCondition of PropertyRepairs needed (and what they think it will cost to repair)Type of heat/airCondition of roofThen to why motivatedWhy sellinghow fastis house listedvacant?

I casually keep an eye on them throughout the summer and then, around {our} Thanksgiving, will approach the owners to see if they are still motivated to sell ... just as we head into "heating & snow removal season".

At 18%, unless she has other very large living expenses, she is well within the affordable range and is more likely to pay the heat bill on time and generally take care of her family and YOUR property.Look at the car she is driving, does it go along with the story?

What happens if the heating system needs replacement, or the roof needs replacement, for example?

Last one I had done was in the same ballpark, also with additional lines for baseboard heat.

The heating system was at least 30 years old or more and finally needed work.I would included as few appliances as necessary-- I wouldn't include a washer, dryer, dishwasher, or anything I didn't have to.

If you have enough capacity and if the utilities are paid by the tenant, then the added operating cost of an electric heater really isn't your problem, and a tenant is unlikely to say they don't want to rent because it has electric vs. gas water heat.