My biggest expenses right now are our house and bills to heat, cool, turn the power on, etc.

Come April-May-June, assuming that things heat up again here as they always do in the spring and early summer, I figured we will get $760k to $775k. 

If this project suits itself to the following, fund the major repairs with licensed specialists (roof, plumbing, electrical, heating), then sell to a DIY couple looking for a "fixer-upper" for 85-90% of "after repair value".  

The triplex was built in 1963 without air conditioning or heating.  

As Todd says, things might start heating up if oil prices stay in the tank.  

At the higher end, and thus unlikely at this point 'til I start developing my own projects, solar PV,  solar thermal, Ground source Heat pumps, etc. 

For heat cost the students are often unrealistic and I have explain how electric heat cost is your regular bill plus the cost of heat but this cost is just way high. 

How does the ductless mini-split work for heating?  

had a call from a tenant last week her furnance was not heating.  

Hi Jake,I use a thermostat from Chicago Controls that keeps the heat set at 68 degrees.