Yeh, but too hard to burn that kind of cash he has,  even we buy 4-plex that are worth buying 

Several factors to consider would be the risk of a child getting burned on a radiator, long term maintenance costs of the different systems, and if I would be able to charge more rent with one of the gas options, etc.

Michael Williams can't be serious.He needs to understand half the folks on BP have looked into stocks and still favored RE.We can't all be morons.Maybe if he looked up a bit from the spreadsheets once in a while,he'd actually be able to see all the houses in his neighborhood.Simply assuming any kind of returns on any amount invested in the stock market is folly.Unless you pick stocks yourself,average return with most mutual funds hardly beat inflation....I know,because they still manage my retirement stock account.And if you do pick your own stocks,you could get burned big time with a few bad bets and lose big.And you don't claim depreciation on stocks.I bought a duplex last month for 126k.Its already rented and cash flows 1600/month.Roughly 16% COC/ROI.It's in a great area and will appreciate with equity.If I put the same money into mutual funds,I'd be lucky to get a 6% ROI unless I buy speculative stocks and risk losing it all.Or 2008 could happen.If 2008 happens with my duplex,I still keep it and reduce rent to keep tenants in it.All I could do with the stocks is watch the sea of red.Selling would be a grave mistake.Michael needs to put down the spreadsheets.

 $700 per month would be huge fat city living for me, as well as it would help me pull all the dents out of my credit in a short year.

He's been burned so bad and the property has been damaged that it is an energy drain.

Not to mention burned by past experiences, and frustrated at the types of responses his ad is attracting.

Even if they do go outside, they still stink like a burning cigarette when they come back inside.

If you acquire it as it sits you will get burned.

I've heard other landlords say that they recommend blocking off wood burning fireplaces to keep tenants from using them.

That gives you credibility.I also think it's important to start because if you don't like it, the thought will not be burning in your mind for 3 more years.