I feel like most investors might turn down properties because they have oil heat.

This is not a topic that I hear about a lot, but Ive been sent Marina for sale:-holds 75 boats-pavilion area-huge garage (steel bldg. presumably for winter heated storage for boats)-large fenced in storage area-asking $160kI am honestly wondering about the liability aspect of the water, does anyone have experience with this? 

I recently bought a short sale house in the Bronx and had it renovated and ready to rent out, until ConEd refused to turn on the heat which had been shut off since last April because the previous owner did not pay the bills.  

Roof SidingAC/Heat UnitsDriveway/SidwalkWater HeaterOutdated Bathrooms - New flooringOutdated KitchWhile the last 3 are cosmetic if you hire it out, it can be quite pricey.

Landlord pays heat which averages $100/building/month

In case you were wondering the patio is HEATED!

The old Romex is not safe to use with fixtures which generate significant heat (ie. pot lights), so be on the lookout for that.I looked at a house just last week which had been wired with General Electric BradX 12/2 Pb NMD-3 wiring.   

I know there is a heated debate between the two strategies here in the BP forums.

When someone responds to one of our ads we let them know the general requirements upfront:no feloniesno evictionstake home income at minimum 3 times the monthly rent (2.5 times for a unit that includes heat and hot water)From there we let them them know there is a $25 application fee per adult. 

We have shifted into a sellers market and I'm ready for this summer to heat up.