So that's around $200 a door, but it's under one roof, one heating system, etc.

(Go check the faucet furthest from the water heater to see how long it takes the water to heat.)

Then they whisper to the buyers what a terrible house it was, the heating system doesn't work, and they plan to call it into code enforcement about other violations.

Relative Rent Rates (Trulia) $500 - $600Relative Rent Rates (Zillow) $500 - $800Relative Rent Rates (Rentometer)Commute Times to Local Areas Heat Map I was specifically looking at UABRestaurants and Amenities NearbyCrime MapsI've provided a link below for all of my analysis and the current rent roll:https://drive.google.com/drive/folders/16GwJct6Atz...

Any recommendations for best place/website to find approx pricing for new heating unit and adding a/c to second unit?  

They are owner financing the deal as follows:Proposal for Cicero House (Divided equally among Greg/Sharon/Laura)$129,000 purchase price AS-IS$43,000 each to Greg/Sharon/Laura---------------------------------------------------------------------------------------------------------------------------------------Loan Information (Greg and Sharon)$3,000 each for Greg and Sharon up frontLoan amount is $40,000 each for Greg and Sharon3% Interest rate on 30 yr loan for first 5 yearsFIRST 5 YEARS (first 60 payments) 30 yr $40,000 loan at 3% Payments are $168.64/month ($57.53 to interest/111.11 to principal)AFTER 5 YEARS (next 84 payments) After 5 years, the remainder of the loan ($33,333.40 each) converts to a second loan7 yr $33,333.40 loan at 3% Payments are $440.44/month ($43.61 to interest/$396.83 to principal) *I have the option of paying off or paying extra on the loan at any time------------------------------------------------------------------------------------------------------------------------------------------Loan Information (Laura)Loan amount is $43,0003% interest rate on 5 yr loan$772.65/month payment to Laura ($55.98 to interest/ $716.67 to principal)Laura’s rent payment and living termsLaura’s rent payment (including water/heat) will be fixed at $1,172.65/month for a 5 year lease $772.65/month comes from the payment she gets from me every month$400/month comes from herRent is locked in at $1,172.65/month for the next 5 years, it will never increaseHere are the financials for first 5 years: cicero MONTHLY YEARLY Income Expense income expense Rent 1st floor (includes water/heat) 1200 14400 Rent 2nd floor 400 4800 equity gain on loan 222 Mortgage (on 40k-$190/30, $266/sue, $295/15@4%) 337 4044 Taxes 655 7860 Insurance 0 0 water 120 1440 heat 60 720 snow (tennant) 0 0 grass (tennant) 0 0 garbage (included in taxes) 0 0 HOA 0 0 vacancy (8% of one unit) 99.6 1195.2 capital expenditure (5% two units) 118.6 1423.2 repairs (5% two units) 118.6 1423.2 prop management (10% of 1 unit) 120 1440 TOTAL INCOME/EXPENSES $1,600 $1,629 $19,200 $19,546 Cash flow -$29 -$346 income including equity gain ($772) 2372 28464 equity gain (laura rent) 772 9264 NET GAIN $965 $11,582 Actual Cash flow (not incl prop mngt) $91 $1,094.40These are the financials for the following 7 years: Rent 1st floor (includes water/heat) 1200 14400 Rent 2nd floor 1172 14064 equity gain on loan 599.64 Mortgage (on 40k-$190/30, $266/sue, $295/15@4%) 643.74 7724.88 Taxes 655 7860 Insurance 0 0 water 120 1440 heat 60 720 snow (tennant) 0 0 grass (tennant) 0 0 garbage (included in taxes) 0 0 HOA 0 0 vacancy (8% of one unit) 99.6 1195.2 capital expenditure (5% two units) 157.2 1886.4 repairs (5% two units) 157.2 1886.4 prop management (10% of 1 unit) 120 1440 TOTAL INCOME/EXPENSES $2,372 $2,013 $28,464 $24,153 Cash flow $359 $4,311 income including equity gain ($772) 3144 37728 equity gain (laura rent) 772 9264 NET GAIN $1,731 $20,771 Actual Cash flow (not incl prop mngt) $479 $5,751.12This is my first deal so any help would be GREATLY appreciated!!

Fairbanks/NorthPole is heating upAnchorage is slow and steady growthValley continues to growPeninsula is more of a swing on fish and Nikiski... 

Here's some quick points to consider:Do the comps have central Heat + Air?

Go to Trulia.com and select some zip codes in the city you are considering, do a crime "heat map" and stay away from the bad parts of town.

@Brie Schmidt I found the following under the Massachusetts general laws defining condos:''Common areas and facilities'' shall, except as otherwise provided or stipulated in the master deed, mean and include:—(1) The foundations, columns, girders, beams, supports, party walls, common walls, main walls, roofs, halls, corridors, lobbies, public stairs and stairways, fire escapes and entrances and exits of the building;(2) Installations of central services such as power, light, gas, hot and cold water, heating, refrigeration, air conditioning and incinerating;(3) The elevators, tanks, pumps, motors, fans, compressors, ducts, and in general all apparatus and installations existing for common use;