However, when we are done, we will have an updated building which is 50-70% more energy efficient than before, has modern electrical and communications wiring, meets current fire and sound codes, and still retains the charm of its era (10' ceilings, august crown mouldings, etc) .. it will also command 30% better rent and have much lower operating costs then when we acquired it.

Replacement of Water Heaters: No permit shall be required for replacement of water heaters in one- or two-family dwellings, provided: The energy use rate or thermal input is not greater than that of the water heater which is being replaced.

I like the people I invest with and our energy and enthusiasm acts to encourage each other. 

However we spend a considerable amount of time/energy making our customer service and local recommendations stand out.

I work for a large, commercial mechanical contractor and my wife works for multi-national energy company. 

If this is a fools errand I'd rather not waste the energy.

I don't invest notable chunks of my time, money, risk, or energy into projects that are going to net me $5k, $10k, $20k or typically anywhere even remotely close to that.

From my research into tankless water heaters, you're only going to get satisfactory heat/production from a gas tankless - electric versions don't produce the energy needed to heat the amount of water you'd need for anything but the smallest home.I don't have a house that large, but just purchased a studio that came with two 50-gallon hot water heaters, LOL - ridiculous overkill.  

Fortunately for the Passive Equity Investors, all the time and energy the operators spend finding an opportunity (likened to a needle in a haystack but they are out there), vetting contractors, finding quality property managers, networking with commercial brokers, relentlessly contacting sellers, underwriting deals, researching markets, building relationships and trust with their Equity partners, etc… to bring a quality multifamily partnership opportunity to fruition is taken care of.With trust and the proper relationships in place... the rewarding passive benefits of an Equity investor/owner can be obtained by those that have the capital to put to work!

Had a judge who I believe wanted to use us as an example as to why you use an attorney...we had enough documentation to  publish a paper but she dismissed our case with a reason no one inc. our newly hired attorney could understand or justify..I just don't have the time or energy to take another chance and go another 2 rounds.