Check Middlebury too, especially with the new natural gas line going there it will greatly reduce heating costs.Good luck,-Tom

We didn't get the house inspected, we spoke with neighbors who knew previous owners and the house had also been winterized and gas/electric on all winter.

I’ve already purchased a gas range and am considering some form of gas-fired room furnace for heat (especially if I open up the floor plan).

.* The one thing that recommends this property is the highway frontage; there's potential to sell it for a gas station, truck stop or tourist trap.

@Ray G., as long as you pay attention to the two part reinvestment rules you'll have a lot of flexibility.  

B.1980 Mechanic Lien (release 1/82)Owner x to Pioneer1982 Mechanic Lien Pioneer to James ***1982 Fed TaX Lien (release 10/87) **verifyPioneer 2.6k1982 State Tax Lein*""1983 Fed Lien* (release 10/87)1984 Fed Tax 1 1k*Fed tax 2 800*Fed tax 3 612*1984 Abstract of Judgement State of Texas 600*1984 Oil and Gas lease(no drilling on site clause)1990 Trustee Deed via Mechanic LeinProperty from Homsteaders to James Dailey purchased by Stacy Owner x2001 Warranty DeedDeed from D.

Tenant pays gas & electric on downstairs unit.

If anyone has ballpark numbers for this...I do not know status of water service, still gathering information.There are currently 4 gas meters so I anticipate needing to bring more gas services on line.  

Expenses are:$1,684 in Taxes last year$892 for Instance last year $388 maintenance last year $1,972 in Utilities (id pay Gas, electric, sewage, water)I haven't yet purchased a property so I welcome suggestions as to how much I should save for maintenance as well as CapEx. 

Just my opinion but I have done a lot of direct mail for a number of businesses and you can waste a lot of money on a "shotgun" approach. 5000 postcards might cost you $2000 to print and mail, at least.For $250, you could fill your car with gas 5+ times, drive your town with a pad and make a list of every crappy looking, run down or vacant property.