We didn’t find any tenants that met all of our criteria in the first few weeks, so we decided to list it for sale and it went under contract in just about two weeks!

hi all, i am looking at a multi in Connecticut .... property is in good shape and the asking price is fair. rents are under market - reason being: electrical heat. nat gas is available, however, it is not piped in ... so tenants are paying steep electric bills for hot water and heat. i was lucky enough to get a moment alone with one of the tenants when i was viewing the property ... i asked "give me one thing you don't love about living here" and he stated nailed it: "the electric bill will bite you in the winter". based on past experience ... i am guessing it could cost $25K to $30K or more to bring in nat, install new furnaces and water heaters, etc.

If the 6 unit were mine, I'd think about having (2) metal pick-nick tables, a matching trash can, (2) pole mount charcoal grills and fire pit, with a shrubbery border to make the area its own space.And for residents and their visitors this sign.

I own other properties as well, which i for obvious reasons don't have any major projects going on, I typically work 40 hours a week at my engineering job, then i also work 4-5 hours a day on real estate between calling contractors for sprinkler installations, fire alarm installation quotes, architect quotes etc.

Such as installing water efficients toilets etc.

Most people don't know the difference between a 34.5kV 600amp 25KAIC CAPACITOR switcher and a 12kV 4MVAR metal enclosure with breaker and reactor.  

She does not need any money right now, and actually seemed like she would prefer the monthly installment payments especially if it gave her a tax benefit.

You are going to clean up the laundry room, make the common areas nicer, clean and paint apartments, install new flooring, etc..

Additionally would like to install a new mirror and vanity in the bathroom.

Then you can start calling wrecker and scrap metal services as many will come get them for free.