What they are proposing is $1700 to move in, they will maintain and upgrade the yard, change out electric stove for gas stove, replace a faucets, toilets, and some other upgrades to expand out the master bathroom.

yes it can be done but there might be personal property in the gas station that might need to be allocated out. 

Improvements and Fixtures IncludedThis offer to purchase includes all improvements, buildings and fixtures presently on the real estate including but not limited to electrical, gas, heating, air conditioning, plumbing equipment, built-in appliances, hot water heaters, screens, storm windows, doors, Venetian blinds, drapery hardware, awnings, attached carpeting, radio, television antennas, trees, shrubs, flowers, fences and________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________8.

As for cash flow homes, they are pretty difficult to come across and the multi unit market here doesn't really exist in a 2-4 unit unless its in "C" or "D" areas....this might or might not present an opportunity i am not sure.3) Houston is a big oil and gas city and costs in general for housing here compared to the coasts are LOW while incomes the last 2-3 years have been competitive to coasts...this means a lot of discretionary income is around so there might be investors that will keep the real estate market from bottoming once they find cap rates that make sense4) there is a huge overbuild of commercial properties in the city and ive heard that there is more commercial space coming online this year that is new sqft than the ENTIRE city of St Louis sqft total...and that doesnt even begin to factor in the several huge multi unit mixed use projects all over the city just coming online....soo the mid-upper "a" or "b" properties are probably all overpriced and will see some pressure....which is why i stuck to a "c"/"d" property because they are pretty much not adding more of5)  This deal seems fine but if i am going to start really building this business in Houston I really need to get a better handle of what can drive this economy if it ISNT going to be oil and gas.  

If your gas bill is for the water heater and/or furnace, that's a really great price you guys pay out in your part of the country.  

I wouldn't be able to reside or paint the outside, flooring and change the plumbing or gas lines in the kitchen.

It's a B- neighborhood, gas station across the street and only a few blocks from downtown.

I don't Philly, but here in Indy it's not the norm to pay the utilities for a tenant; they cover their water, gas, and electric.

I want to fix it up a little for her and pay for the taxes, gas, electric, and water.

Are the gas, water and electric separate and the responsibility of the tenants?