Simsbury, CTLocation B++Listing Price- $179,000                Water/Sewer- $110/Monthly Heat Source- Electric Baseboard (tenant paid) Contract Price- $163,000             Garbage- $34/Monthly Appraised Value- $180,000           Owners Electric- $22/monthly Current Rent- $1300/ 650 each    Home Owners Insurance- $41/MonthlyMarket rent- $1750/ 875 each      Taxes- $3,924/ YearlyAfter Rehab Rent $2000/ 1000 each  Interest Rate- 3.875@ 30 years Down Payment 25%

Although these two cabins that I mentioned are small, they are high end cabins with indoor heated pools that bring in excellent rents.  

If the air conditioning stops working because the filter looks like it has grown a beard (and your lease states the tenant is responsible for periodically replacing the filters you have provided) the tenants becomes responsible for the cost of getting the HVAC tech out to figure this out.It is likely going to be your responsibility to make the appointment with professionals who can determine the SOURCE of the repair (would you really want a tenant to start taking apart your heating and air system?)

Some heating appliances, including unvented natural gas or kerosene models, also increase the moisture inside your home."  

So if you have $50,000 in damage and the house has depreciated 60% you would only receive $30,000 ($50,000 x .60)).I write a lot of rental properties in CT and have found that the best company for a property can vary based on location (fire protection differs by town and even with towns), condition of the property, and how updated the plumbing, roof, electric, heat are among other factors. 

Ok I am not sure if this is the best place to post this but the stove in the rental property we bought looks nice (stainless steel) but one of the heating elements is not working.

Many of us know because these triple-deckers were built 100-150 year ago, the original layouts are horrible (lack of counter space, kitchen in a narrow area near the bathroom, wash & dryer out in the open kitchen, minimal counter spaces, lack of dishwasher, parlor heating/stove, etc.).

I've never heard of grease causing rips, but I am sure the heat can do some serious damage. 

Good day AllSo I bought an investment property, at the time inspector said there was no heat and air.

It’s an opportunity to be rational, not impulsive, in your decision-making, so that you don’t either buy or sell in conditions you might soon regret, all because you got caught up in the heat of the moment. 7 - And finally – the ‘I Don’t Have Any Biases’ Bias – It’s pretty unlikely that you’re that unicorn, to be honest.