The landlord (potentially me) is responsible for gas, water, sewer and common area electric.

Granted the electric is in the tenants name but I'm more concerned with the life span of my systems. 

There are 8 units, 2 are commercial, there is a parking lot, snow removal, common area electric, etc, so it only makes sense to run some sort of  account for these necessities that a building of that size will need. 

I am not sure why this was given to me, I guess they currently have the owner pay for water and sewer... definitely going to change that)Gas + electric: 780 year (also going to potentially charge the tenants for this)On top of that obviously property management, insurance, income tax.100% rented and apparently in good condition.

Magazine, there is a revolution going on in Detroit (Actually Warren but close enough...) with the birth and development of the electric car and its components.

My only concern is all the plumbing/electrical.  

Hello all- I recently acquired a 2-flat in Chicago (Cook County, Illinois) and there are only two electric meters/panels.

At the same time I’m also quite sure that I cannot rewire and electric panel in a rental property without having it done by a licensed electrician.So where is the cut off?

--Roof Type--Foundation Type--Furnace exist--External/Detached building(s) exist--Porch exist--Garage capacity--What appliances are included***If your property is built prior to 1940, then some of the insurance providers will require proof of repair of the Roof, Electrical Wiring, and Plumbing.

.- Gas Boilers - 30+ Years Old- Hot Water Heaters - 10+ Years Old- Electric Panel - Upgraded within past 10 years but could be upgraded even more- Pipes are old, corroded, and some leak often- Windows/Doors that haven't been updated require much more labor to remove/replace as the wood is often rotted- Roof is old, has recent touch ups but will need a major repair down the road (10 years hopefully)- Interior is covered with old wall paper, most walls have multiple layers and are a PAIN to remove- Also, shag carpets were apparently a thing back in the day so get ready to rip those bad boys up and replace them or refinish the hardwood if possibleThere is much more of course but those are some that I definitely noticed right away and are what I plan on tackling, priority wiseAny questions let me know!