Real estate investing is not a one-size-fits-all game.  

Sizing for rooms is square footage times 10 divided by input voltage. 10x10 room 100sqft x 10 = 1000 watts of heat neededEach foot of baseboard heat gives 250 watts. 4' x 250 watts = 1000 wattsI would buy Cadet Heaters or King.

The size of your reserve depends upon your property type and projected expenditures.

Reduce scope/size of the project, in particular as it relates to framing and other aspects of the build that rely on lumber.2.

Investment opportunities come in all shapes and sizes, so it’s important to compare the investments to your specific needs.

@Heather Hall rental rates for the home could be found by looking up similar homes (though comps may be tough due to its size and the land its on).

See the stack chart, we are well below the levels from prior years.New Listings: 6,721; +69.29% - seems large due to Covid shut down base effects.

Depending on the size of the unit, $4000 doesn't seem unreasonable, but I'm sure that you can get a less expensive one. 

What do you think will be an appropriate price for it (lot size 15000 sq.ft, 4 br, 2 bth, 1980 sq.ft - building, 120 sq.ft - basement).

Please see below for some detail about the property.Location: zip code is 46225 just south side of DT Indy (west border line of Bates-Hendricks)Building size: 2746 sqfYear  built: 1920Number of units: 4 units (100% rented)If more detail information is needed please PM me and I could provide actual Property Inspections Report which it has been done just recently.Thank you in advance to all and looking to hear great wisdom.