Now you have a home with 10 year old mechanicals. 

I currently reside in Tempe, AZ where I completed my BA degree in Mechanical Engineering from ASU in 2015.

The soft costs include all the design costs: architect, structural engineer, mechanical, electrical and plumbing for the building itself, but you will also need civil engineers who need surveys and geotechnical reports. 

Old houses with old owners who are downsizing or moving to nursing homes, many times the property is mechanically solid but the cosmetics are from 1970.

I'm fine buying just about anything as long as the margins work.My main concern is if I am wasting time looking at homes that are in good mechanical shape, but are a few decades out of date.

We have been doing this for 35 years so what we're doing something a little bit unique selling the property fully rehabbed with new mechanicals, fully upgraded kitchen w/ granite tops and fully upgraded bathrooms w/ ceramic tiles and putting a quality tenant and the selling the house as an investment we manage the property for three years and we warranty the house for a year houses and guarantee 8% minimum for 3 yrs for around 95k u getting 1k in rent and taxes and insurance around $2500 so around 10% per year.

I've been binge listening to the BP podcast for the last month and have started to learn the lingo and begun framing my strategy going forward.Strengths:Honest and reliable.Solid full-time job and some investment cash on hand :)Relatively handy and mechanically minded.

I know there is a chat mechanism within the site.  

I put steam in for years it is one of the most efficient systems you could usedo some homework before you go tearing something outit sounds to me it has suffered from alack of maintenance, those boilers need to be blown down daily and the system needs to be checked weeklyfor the problems of rooms not acclimatizing that is a control issue, valves sticking and old style thermostatssince you are in new Hampshire you should find you a good ol steam plumber in your areadon't just call any company to come out- do some research and find a apt building or the city or county building and find out who maintains there systemsthere are very few younger steam fitters anymore who know the mechanics of steam heating, if your system is set up right your steam is also making your domestic hot water so tearing it out might put you in a position you are now wiring for water heatersenjoy

Right now you have absolutely no control over the deal and how the mechanics play out.