I’m an out of state investor so want to be as hands off as possible ideally.Whilst I’m here, I need the flooring replaced and kitchen & bathroom cabinets painted so any recommendations for those types of services would be hugely appreciated too.Thanks!

Even at 2% over 30 years that’s only 82k financed.This isn’t looking like much of a deal as a long term rental unless you are doing a pure appreciation play.

It's probably borderline about whether to renovate or replace.

Why doesn't reserve for replacement take care of that?....

We ultimately want to build a business that replaces our current careers

Scott's Estimating Rehab Costs book to estimate the cost of replacing the front door and two sliding doors in a townhouse in Ashburn, VA.

And thats why they are selling for 25% of replacement costs and create a 2% rule rental return.. so for my clients that I fund buying those it is a business for them and they are stacking them up and plan on being in the landlord game for a long time.   

I am getting estimates on replacing a old oil boiler with a new gas boiler to heat the rental house.

He's asking that they either be replaced entirely or that the controls be replaced. 

At what point do I start replacing the boilers, albeit before they actually break and have to be replaced?