For heat they just use electric heaters.

For heat they just use electric heaters.

2 Family illegally being used as a 3 family.1000/month1200/month 1000/month$105,000I pay electric heat on 2nd and 3rd unit.

I don't need the 65K right now, and I know that the Denver market has heated up so much that it's very difficult to find anything now even somewhat attractive to an investor.That place was a PITA for the first year or two--tenants trashing the place, problems with Section 8 regulations, etc., but I think that we've turned the corner on this one.Since I have more than 4 investment properties, my lender tells me that I can't do a cash-out refi, but can I do a HELOC?

I do green things (Specifically trying to use the least amount of new materials, repurposing what can be salvaged and then high-efficiency heating).For the most part it's actually a negative factor on my business model.

In Virginia, you are not allowed to deny essential services such as water, electricity or heat. 

Common forced air is probably the worst heating you can have for a converted multi, unless there is separate ductwork run to each unit (uncommon). 

It seems that we have a huge stock of older homes that have steam heat.

Take a look at crime plots such as Trulia's heat map, and you'll see the areas in red to avoid.

The reason some of the responses may seem a little heated is the fact that a good portion of us on here are landlords as well.