@Ben Wilson - If it is forced air the tenants usually pay, if I it radiator heat usually it is 1 system and you pay.  

That means 8 roofs, 8 foundations, 8 interior units that need painting, 8 exteriors that need painting, 8 units that might need carpet/vinyl/tile, 8 hot water heaters or a single boiler, 8 AC or evaporative coolers (if there are coolers, have there been leaks?)

i hear the upper part of oak lane is a hot spot now, is it true ?

Of course, they have not done a CMA, have no idea about recents sales and comp values, so they just grab a number out of thin air based upon some anecdotal info ("I heard another house 3 streets over sold for $200K, so...").I REALLY appreciated your info @Terry Evans - I love that kind of testing and hearing the results of it.  

Please feel free to reach out to me through BP with any tips on starting out, information on hot markets, investor leads, or just to say Hi.

Newer Heat and air.

For the HVAC it is a hot water/stream baseboard, and the units have wall A/C units in them (so tenant pays for usage of them with electricity).

Not being familiar with the Cincinnati areas, would you have any advice on hot spots in Cincy or how I might start to learn more about it?

It's in a hot area of Salt Lake City that is a really great place for a rental but we're wondering if an update is really needed.

Assuming this is a hot (30 Avg DOM) to moderate (60 Avg DOM) market in your specified area to sell a property.