I know they are heating up too, but might still be more affordable - expect continued growth in those areas might help the value.I'm looking to hold onto real estate investments for 10 or 15 years. 

As for this investment being weak / strong....All my expenses will be about $1,100 monthly (mortgage, insurance, taxes) based on property and house details I expect minimal maintenance after I install a heat pump to avoid fiddling with the kerosene monitors, and I have got close to 100 inquiries for the listing at $1,500. 

If you are the only one without free heat, that will make your place less attractive, and the rent might go down.

@Roy Coons, you will need a new kitchen, separate entrance, separate heating source.

It will need to have heat, a working kitchen, bathroom, and roof that doesn't leak.  

due to the money that I haven't been making I cant afford to get move money up after paying monthly expenses. there is no heating or air. or hot water. have to use a bucket under the kitchen sink and the sockets have caught on fire twice.. they charge me for insurance but its to protect the interest of the landlord. this is PMI property management...

I’m upgrading several of my single-family homes now to multi family properties, so if anyone out there needs any tips or help with a 1031 exchange let me know because I’m right in the heat of it and it’s a great tool to have in your belt.

Condo is in an HOA which manages all external elements so I am responsible for inside of the condo.The rental property is a 2 Bed/1 Bath, that I bought at Market Value: $137k (Cost Basis: $140k) in 2016.

The TPO roof was replaced in 2019 and gas and electric heat pumps were upgraded in 2016.Cap rate appears to be 10.6%. 

So we can rent it advertised with heat and gas included.