I turned on all the stove elements, four of them, and the oven, as well as the dryer on high heat.

If you buy it for 600k, and it’s worth 700k prior to you spending a dime, then you have 100k is inherited equity.Now, if repairs are needed, those that are necessary for safety come first (heat and AC would fall here), those that will prevent damage come next (roofs), those that deliver what any tenant would expect come next (appliances).  

It has two gas hot water tanks and one boiler (dual zone heat), so the tenants upstairs pay for their hot water but I pay for gas heat. 

I just found out about a required annual inspection of heating systems in Jersey City! 

I used a company called Smithereen and they did a heat treatment to kill the little pests.

The heating and cooling has also been removed so it is not currently lendable with a conventional loan

I am also considering just installing mini split heat pump units in the house to decrease the renters heating costs.

I personally have found that if you buy a home that is older and a roof or heating system is required to be updated your cash flow disappears.

I have been in the Air Force for ten years now and currently residing in Miami, FL.

Can anyone please recommend a decent handyman in Miami?