We manage larger apartment communities that range from C to A class market rate apartment or mixed use buildings with most properties being over 50 units.On average our overall electric bill per months is around 8400, water around 6500 and gas in the heat of winter is around 21000!  

You can get the renovations done in mild weather, avoid huge heating/AC bills (or burst pipes if you do not keep the heat on in winter), and get it ready for rent at a time of the year when there is a lot of demand for rentals.

Everything from bad siding, structural issues, heating and air issues, ground grading, windows and the list goes on.

Heat - Is gas available on that street?

The house was originally a flip and after the inspection I found a lot of issues everything from structural to heating and air .

What about your heating and cooling?

he is justifying price by his recent upgrades of the roof, heat pumps, and other upgrades.BUT, like you said, how can I say no to $48,000/year MINUS maintenance? 

How hard would it be to install Central Heating and Air in each unit?

Your fluid, stream-of-consciousness style is very Faulkneress and can be challenging to read for some.

As I do research on owning rental properties, I'm trying to figure out how so many of the rental property owners in my area are managing to make a profit while offering free heat and water to their tenants.