I'm thinking about 5-7k to turn over each unit (update kitchens bath flooring). 7k to update heating in the one house.

Were they ever told that they were required to heat that room?

Might be the tenant cranking up the heat and opening the windows.

The funds wont touch a property unless its in a major market like NYC, LA, Chicago, Atlanta, Miami- and there are so many good deals in these smaller markets.

I say this because HOA fees cover many types of spending that also occur on single or multi family homes (roof, plowing, heating repairs etc) and these costs would not otherwise be taken into the first equation when valuing a single family / multifamily home.

Hi I´m a Biggerpocket new member.I´m from Venezuela, and basically I´d invested in Preconstruction projects in Miami for last years.

Yeah, I heat it when the hot water heater tank leaks - kind of unpredictable and never convenient.

Specifically, Miami-Dade County in Florida.

From what I had learned at the local REI, the minimum requirement was there must be a heating source and one other thing I can't remember.

Use in a reasonable manner all electrical, plumbing, sanitary, heating, ventilating, air-conditioning and other facilities and appliances; and repairs made that are caused by tenant's neglect, abuse, or misuse will be paid by tenant. g.)