Finally, make sure that your utilities are split on multi-families.

You may also want to consult with a local REALTOR that has a Historical Home Designation, they may be able to provide you with info/resources.Greater Rochester Assoc of REALTORS may be able to refer you to someone.

It is my understanding that high ceilings were designed that way for the heat in the summer.

You will have a bit higher costs with the 2 properties vs. 1, but this seems like a no brainer to me.Assuming you do get the appreciation in one and none in the other two, you're looking at about $1350 in appreciation each year that can only be utilized if you refinance (spend money for a new loan) or sell.

Typically your rent should cover everything like PITI, repair and maintenance, etc and your tenant pays for utilities.

On our high end homes we get a pro designer, but don't solicit feedback nearly as strategically.

They have the artistic talent and design knowledge to do so.

But this is kind of what Bigger Pockets is designed for - researching subject no matter how long ago they were written.  

The utilities / street's are done / plans are included for 8 additional units on the vacant lots.The seller's bottom line is $1.25 m for property with 0 help to closing costs.

Month-month leaseEach unit is individually metered and tenant pays utilities except for the following:Electricity for section 8 tenant only (2,100/yr)Water + Sewage for entire house (1900/yr)Property Taxes: 7,808Insurance: 1,500 per yearSummary: (annual basis)Rental Income: $37,260Operating Expenses: $13,308 (35.7%)NOI: $23,952Mortgage 30 yr @ 5%: $10,307Net Income: $13,645 $4548/UnitThe following expenses were receieved from the owner.