They just drain the tank and fill it with a type of cement slurry.If oil is the current energy source though you'll also have to factor in a new energy system, furnace, etc... 

It has 3 electric meters (one for each floor)2.

Hello,

I was wondering at what price point (for a spec house) do you think it is required/recommended to do recessed lighting in bedrooms?

Thank you!!

In addition, I pay for electricity and other utilities.

. $40,000, interest only for 4 years.Financing:  $100,000.00I will cover closing costs, after close fix up etc of about $20,000.00 (cash in bank)Rents per year $37,000Expenses per year:  $22,179 (not including any financing costs)The interesting part of this deal is that the units are individually metered for gas (heat) and electric yet the landlord pays these bills.  

This  way I will be the land lord and electricity provider for my tenants.

Gas is serviced by DTE or Consumers Energy (southeast Michigan utilities).

Asking $389,0008 unit Annual Rent Income = $54,840Annual Expenses - Gas/Electric = $5020- Insurance = $3500- Property Tax = $6396- Water/Sewer = $3535- Trash/ Lawn / Snow = $24008 year old roof, new water heater, old hot water boilerTenants pay their own electric Coin operated washer/dryerI will be purchasing with 20% downI have my own numbers and have included 5% each for vacancy/ capex in mine.

Is the property and all its components (water, sewer, electric, etc) on one lot, or is it built on both lots?

forget investing for the moment your whofully undercapitalized.. and you could end up losing whatever you have.if you want in real estate and your working part time now.. get a RE license cost maybe a grand.. so spend that on education.. get in with a top flight broker on their team.. earn while you learn.. then start saving money.. hang with the club that does deals  IE real estate agents.. you will find off market deals before anyone else and you don't have to send or spend money on marketing to get them its all in the club.short of that take your degrees and energy and move to a better work environment.