You start off with the extra expense of heating and snow removal. 

I provided the new tenant on the 2nd floor with a hotel until the pest company could could and perform a heat treatment on the house to kill the bed bugs. 

There is no ducted heating.

I'm looking at an older Victorian foreclosure, the heat is oil.

In addition to lead and asbestos, you should assess the current and former heating oil tanks, test the water if there is on-site well and evaluate the septic system.   

Winter heating brings electric up to $150/mo.

They pointed out to him, you can live without a car, cable, or phone, even electricity and heat for a few days, but not without a roof, rent first. 

It currently has baseboard electric heat, but that won't be sufficient during the Ohio winter months. 

We settled on 150k, a little higher than I hoped but all I was aware of it needing immediately was a new boiler heating system for the second floor unit (as the current one has been broken for 15 years and the current and long term tenants have been heating their unit with space heaters ever since), and a spring porch rebuild.

I see the renter leave and just abandon the dog.. i have seen them stake the dog in the back yards with no water in 100 degree heat no shelter.. its animal cruelty that these owners for whatever reason seem to have to no regard for common decency and Ptts tend to be the dog of choice for them.