If the unoccupied units are very cold and there's a way to get power into them, it can be helpful to run a heat lamp on the main supply line where it comes into the unit.When you wrap the pipes, check the R-value of the product you're using and make sure you're using the one that provides the most protection.

I am interested in investing in “Assignment of Rents by Lessor” agreements.If you are unfamiliar with them, basically, I would be giving the property owner a discounted lump sum for the right to collect all the rent payments from a tenant.

And some places have hurricanes, tornadoes, hail the size of baseballs, sink holes, known foundation problems, harsh heat in the summer and severe cold in the winter - all increasing maintenance costs.

(though we already have the basic design complete on the website), so they're down the road a bit, but will be great for vaca rentals!

If you do it the way I described, your partner is basically buying the property himself, then forming a partnership with you to get the work done and you are securing your interest in the property.

I come up with the following expenses:Mortgage Rate 4.75%Length of Mortgage in years 30Monthly Mortgage payment $129.11Taxes $47.33Sewer and Water $-Trash $-Heat/Utilities $-HOA $-Cap Ex and Ops $150.00Insurance $54.92Mgmt Fee $40.00Vacancy $30.00Total Expenses $451.36

If she can't afford heat, what makes you think she can afford repairs?

The rental market is supposed to heat up a lot.

You still need to be able to assign the contract to the new buyer so they can close in their name.The double close is basically to prevent the buyer from seeing what you paid for it.

Since I live in Miami & I am not familiar with heating systems, what electrical baseboard heating systems do you guys recommend that are cost effective & get the job done.