I’m a first time buyer and wondering if the 1% rule is a good number just for starting out.My current private seller is offering $190k for a newly renovated home, all new appliances, heat pump, wiring, plumbing, and it has an ensuite in the basement but we have yet to negotiate that number further.The top unit pulls $1100 a month but she says it could be pushed to $1500 a month because it’s a 3 bedroom.Bottom unit pulls $600 and is basically a studio.

So even elements that don’t appear damaged can be contaminated.

It also has central heat and air, along with baseboard heaters.

I wouldn't waste your time on insulation... unless the garage is heated there is zero point to having it. 

Also upgraded the HVAC from the original plan which was just going to be a wall unit to central heat and air.  

Hey BP Fam - I'm looking to purchase a SFR near Downtown SLC for my periodic use in winter (big skier) and summer (escaping Texas heat and hiking); but it needs to generate income as an STR when I'm not there.

.- If it's not heated, the comfortable pool season in the Boston area is of course short- Can you charge a pool use fee?

So we thought great we'll install 2 gas boiler systems and separate the heating, I'd done that before and it wasn't too expense.

Heat? 

Do you have gas heat??