When you get there, if they know what they are doing, the owner should have a data sheet on monthly expenses (heat, electric, water, sewer).

Hey guys, I need help making a quick analysis on a multiplex 12 unit, each unit consist of entry foyer, family room, breakfast nook, patio access, kitchen, laundry closet with washer and dryer, refrigerator, two bedrooms, one full bath, 6 units have new Windows, all have new heating and cooling, Cost of ownership is $4,901/monthly •$3,884 principal•$600 taxes•417 other expenses Listing price $1,000,000/ negotiableIn Madison, Al in a C+ areaQuestion: how would I need to go about making an offer in order to get the best deal possible?

Since it's in Tulsa, Oklahoma I'm thinking about electric baseboards for heat.

The utilities are separately metered except for the heat which is oil.

One tenant pays 1100 and other pays 900 and heat and water paid by landlord.

I would switch over to a heat pump if your climate would allow it.

Boiler heat with most of the piping missing.

I'm not home much so I can turn off the house heat during the business day into the evening hours.

Situations will differ based on terms negotiated.A condo is an element within a building where the unit is owned.

All that being said, chainging to individual HVAC untits will allow you to get away from th eold boiler and get the tenants paying for heat.