Theirs already some electric up their but would need to do some more wiring.If I can do it I can rent it for between $775-875 a month, which id prob net between 575-675 more a month.

Who's had interest investing in net zero energy projects?

I'm sure the tenant wants the basement renovated... and the kitchen... and the upstairs bathroom.... newer windows will help with energy costs.... the technology in furnaces is improving and it could make a big difference to replace with new.... on and on.

It seems that most of the multiplexes I see have combined heat, and separate electric.

Based on the property and the area, you may or may not have to pay electricity, water, sewer, garbage, etc.

Theirs already some electric up their but would need to do some more wiring.If I can do it I can rent it for between $775-875 a month, which id prob net between 575-675 more a month.

@Kimberly Quachey Unless you or your husband have good experience in the building trades (general contractor, electrical, plumbing, etc) or have TRUSTWORTHY AND KNOWLEDGEABLE friends or relatives who - with absolute certainty - will do a good job, Land Bank properties (or any major rehab) are probably not a good place to start - too many problems for a newbie.  

The only other pertinent info i have from them is that the capital improvements are as follows:Six 3-bd units have gotten kitchen and bathroom updatesAll units have been repainted and floors refinishedNew boiler in 2005600 amp electric"Some" copper risers replaced in 2015New HW 97-gallon tank in 2014So what do you think?

You are going to be responsible for heat, electric, water, taxes, repairs, insurance and the mortgage payment.

Gas electricity and water are all one meter.