I currently reside in Miami Beach.

Miami, LA, San Fran, Seattle, Boston come to mind

I built a wood fired water heater to heat my above ground swimming pool.

Description:7 duplexes, 2/2 with 1 car attached garage (one with no garage)built in 2001B+ class neighborhood, steady rental a lot of multifamily in the areaall on the same cul-de-sacwood frame, 2 story, vinyl sidingtaxes $3144 yearlyinsurance $800 yearlytenants pay water and electric (electric heat)currently fully leasedAmateur property management, one tenant manages propertyBack of the napkin calculations:Net Operating Expenses (Per duplex per month):Taxes: 262Capital expenditures: 100Property Management: 170vacancy: 85insurance: 66Total Expenses: 923 (11,076 yearly)Gross Rents: 1700 (20,400 yearly)NOI: 777 (9324 yearly)asking price: 185000cap rate: 5%

I graduated from Miami Unviersity in 2018 with a degree in finance, and currently work for a top property and casualty insurance carrier.Real estate has always been an interest and an itch I have wanted to scratch, but never knew where to start.

The home was built in 1929, has baseboard heating.

Hi @Stephen Brown, Call the utilities again and tell them you are considering purchasing the property, and are just looking for the average for the year, or three months of each heating and cooling season. 

Hopefully this will resolve your high heat issue until things cool down.Of course they will choose the later!!!

If you can legally rent without them approving the renter or the idea of renting, you are doing so around an environment set forth with services like live-in Superintendent, exterior and common area maintenance, heat, water, sewer and taxes covered in your maintenance payments.

Their own "contractors" left a 2" hole in the furnace plenum of one house, drywalled over heat vents in another, improperly performed plumbing repairs causing dozens of maintenance calls...the list goes on.