If it's older, figure that you're going to replace it.

Or do you want to fully replace a J-O-B in pretty short order?  

I was originally planning on jackhammering it out myself, hiring a dumpster, and replacing the structure with a basic 10' x 10' paver patio and seeding the remaining ground for next season.

We would like this to eventually replace our 9-5 income within 3 years.

Any advice is greatly appreciated.8bd/4bth legal 3 unit Unit 1:2/1 TNT pays all, rent 550Unit2:2/1 TNT pays all rent 475Unit 3:2/1 rent 450Asking price 100kARV 140kDp 5% at 5k loan AMT 95kLoan interest at 4%Expenses:P&I: 453Insurance: 100 Water sewer: 100Prop tax:300Repairs: 147.50 at 10%Capex:147.50 at 10%Vacancy:118.00 at 8%Cashflow: 158.46Cap rate:5.25%Coc ROI:38.03%GRM:5.65This represents a purchase at asking price however when I viewed the unit a couple things stood out the attic seemed to have done a little moisture issues so I'm guessing the roof might need replacing, also the tenant in one unit had been therefore 10 years, thus the rental are below market value from comparables a these units rent could conservatively be rented for 600 600 and 525 boosting cf to 383.46, the first unit has lower ceiling also the one tenant who'd been there for 10 years complained of the first unit being occupied by gang bangers who sell drugs out the unit.

I did originally have plans to never let it go and I think I let the information overload cloud my judgement.the property is in great shape with only a furnace replacement in the future.

I have mine as replacement cost value instead of actual cash value, which I know can save me some money, but there's still a big disconnect.

Ask when the roof was last replaced as well as the HVAC systems.

I don't know the specifics, but I do know in Florida it is legal to piggy-back copper wire to the aluminum instead of replacing all of the wire.  

I wanted to write this review because of the great work Jose did in installing our boiler at a fast(one day) reasonable rate($2600 for boiler, delivery, install, and haul away).Our 30 year old Utica steam boiler finally went last week, and I was searching Angie's list and craigslist for someone to replace it.I stumbled on Jose, who was offering a 5 year old Clean Burnham 175kBTU gas fired Steam Boiler for $1250.