When we inherited them they were paying $425 & that included heat.

Another forum member asked what everyone thought of taking money out of a 401K to invest in RE.I know it's a heated topic but my answer is below. 

Units are separately metered for gas and electricity and feature central heat and air conditioning.UNITS BEDSBATHSGARAGE FURNISHED?

In the same month I was dropping a big chunk of cash on a new property that was closing, I had a carport roof and supports that had to be rebuilt and two heating systems that finally bit the dust on other properties all come up.

Since blower motor failures like these most often happen here in the dead of winter when the blower is working overtime to push heat through the house, you will often get the SAFETY HAZARD lecture as the property is quickly moving toward freezing temperatures.

It's not uncommon to see heating costs of $9-12k per year.

If the tenant went to the hospital for heat stroke I would have been done.

We do not have central air, so this would all be for heat @Jessica Bridges.

They are nice at that point, with updated heat/air, roof, and flooring, so the dreaded "maintenance will eat you alive" is false.  

Central heat and AC.