Put heat pump in and get rid of HVAC 3.

As you know rent is quite low (median in Milwaukee is about 1,200 for a single family) yet you have the same infrastructure to maintain: one kitchen, one bath, one HVAC, one water heater etc - cost of replacing a water heater is the same, no matter if your rent is 700 or 1200 or 1600 (which is our typical rent for a SF).Income (rent) is a function of size: bedroom and bathroom count as well general space meaning square footage.

The water heater should be operating and be no older than 10 years.

B) Recommend protecting the kitchen and bathroom outlets withGFCI type for safety.6) PLUMBING: A) The water supply pipes are galvanized, copper and plastic.

One contractor doing jobs all over town did a shower for me, all the water flowed away from the drain and it leaked inside the wall. 

Roof 25 year life span, Floors 10 year life span, appliances and hot water heater 12 year life span, bath and kitchen remodel 20 year life span,etc.

To the OP  I high suggest you get on Net flix and watch the American Greed Episode on Remington Financial and or Google Ingrid Robinson  Remington financial and read in depth how these pump and dump fake lenders set them selves up to just collect up front fees and never make loans.. 

Hear that.seems like alot of cash buyers that could easily afford it in summer of 2020.running out of inventory = increasing property valueslots of space for more though... probably even enough water near the mountains 

Who pays for hot water? 

@Chris Herrera hypothetically, if it's joint utilities, would I (the landlord) pay the entire water and gas bill and split the electric bill with the tenant?