I have seen a room built that simply took in an existing above grade window and built a closet which worked fine in a basement and it was not permitted (permit not pulled), the sheetrock had to be cut for an electrical inspection, it passed, it was approved with some money.

HVAC, electrical, sewer and water service maintenace is on the LL, but not utilities.

Our 4 family is haunted.Every time we change tenants and that unit sits vacant for any amount of time, the bathroom, kitchen and bedrooms lose electricity, only the living room has power.

If I cover them with electrical tape, should that solve the problem, or should I cut the wire off before the breaks?

We were destroyed- no electricity for 9 days(our condos are 178 steps up with no elevator!!)

Many times, the property owner will find a way to pay rather than lose the property.Just like you, as a tenant, might get a letter from the electric company telling you they are about to cut off your power.

I have had major issues with electricity, plumbing, rotten windows, gutters falling off, citations from the city for peeling paint.

There is a colleague bug.

I spent about $16K but did a new heater and hot water heater, and paid for plumbing and electrical labor.Buy price $60KClosing costs $1500Insurance $1000Rehab $14,000Utilities $500 (hopefully high)Sales closing costs $10,000 (assumes 2% for concessions and using a realtor to sell)Net profit $13,000Opportunity cost (5% on $75K for six months) $1750.

We will bid on the chance that plumbing or electrical may need to be moved.