I just looked at a 6000 sf commercial building, built in 1990, on a small town Main StThe 1st floor is a store, then on the 2nd and 3rd floor are three apartments with space for a 4thThe building is gorgeous but in original condition, It defiantly needs a new heating system and some plumbing work, The electric was on but I'm assuming that needs updating as wellI'm planing on having some estimates and an inspection but fear the renovation would be to costly for the project to be viable, it would probably cost more to renovate than the asking price If I bought it, I'd use the 1st floor for my established business, rent at least 2 apartments and live the other My main concern in plumbing and heating, Has anyone done an oil to gas conversion in a building like this?

Quite of bit of renovations before moving in - mainly cosmetics, some electrical and some plumbing.  

I’d think the electric company wouldn’t go more than 2-3 months without some sort of payment.

Now they are complaining of bugs of which was never a problem before they moved in.

I did understand the inconvenience and extra electricity cost my tenant was responsible for with the hurricane ventilation fans during the drying process so I offered a decent gift card instead of just saying "too bad" and expecting the full month's rent.

It got me to 10k/acre for 18 acres -$180,000Infrastructure- roads, water and electrical (MHP established 2006).

., we had an $1100 hvac bill, a bed bug scare (false alarm), and a small leak. 

Start of week two:Dryrot repairs, interior framing, electrical, plumbing and inspections.

The Mosaic loan is structured to where you can take the tax rebates you receive and pump them into the loan to keep the initial payment (lower than your average electric bill) at the same rate.

My daughter is in a 2 bed 2 bath with a roommate 2 blocks off of the engineering buildings and her half is $900/month + electric and water.