I am selling my business and will have at least $100,000 cash to get me started, plus ongoing payouts over 4 years that cover my family's living expenses during the entire 4 years.

I ran across this deal not far from you in W.

I'm planning on going back there again relatively soon.

Whatever you do  DONT paint the brick like many idiots do,,,you cant unring the bell and it becomes an ongoing maintenance problem

I ran it for several years prior to that with window units & old gravity Oil Furnaces (what a PITA they were).

He was paying consistently until last Spring where he missed 2 months of payments then started paying monthly again, but his payments are now about 85 days late ongoing.

Every time someone quotes me higher than that, I'll just politely get off the phone.When I have to replace boiler lines/radiators, I get scrappers to come in and remove it for free (they want the scrap as payment).In the one scenario where I had to pull all of it (freeze nightmare) I simply used that opportunity to replace with furnace and ductwork, cost me about $3k total to redo a five bed two bath house (I ran the new ductwork through the house myself, saved about $1500).I don't know how this would translate to your market, but I was quoted for removal of boiler, replacement with furnace at about $15k by a contractor that I respect, but that won't be getting any work in my rentals.

I ran into this while I was conducting some research on a specific mobile home that I was buying.

Ongoing cash flow is running around 11%, with the overall returns (IRR) are expected to be in the mid- to upper teens, after a 3-5 year hold.  

I'm looking to have an ongoing working relationship if this works out.Thanks,Nicole