Generally, electric baseboard is much more expensive than oil heat(see link below which allows input of various prices for electricity and oil.)

There is few new links I didn't know and the tips seems very reasonable as well.

The property is 100% occupied, but I still factor 15% vacancy rate as the Texas standard. 

Of course, if you aren’t offering to pay them their commission, let them know they’ll need to factor their commission into the purchase price.

One other factor, however, that could make the run of MF last longer is the baby boomer's moving into apartments.

It's all situational as your age, goals, regeneration of capital,etc. all play factors in strategy.I know for commercial real estate maybe 4 out of 10 calls the investor might be a fit for me.

Whoops wrong link lol, although that white paper is great as well.Here is the due diligence list:https://static1.squarespace.com/static/56afdb21b09...

See link above,  it may help to figure out future taxes.You have to be careful how far out you go with comps in Cleveland, make sure your comps are coming from a small radius, I would go out a half mile - a mile max.  

Do you have a link @Michael Tempel? 

$1500 rent for a $215000 investment is lousy when you factor in the property taxes in Texas.