No Central Heat and Air, No Sewage - should I run

[Kameron Patterson]

Happy Sunday BP, Looking at my first investment. I plan to house hack. I found a duplex. the numbers work according to my analysis (it grosses about 1% of the purchase price). however the house does not have central heat and air, nor does it sewage. should I run on this deal and my first investment?

[Ned Carey]

If you are using the 1% test (rule), that is based on the total price including repairs. If you are adding central air that has to be figured into your price. 

I don't know what you  mean by "nor does it sewage"  I am guessing you mean it has a septic tank.  You have to know your market. Are radiators, room air conditioning, and septic systems common there?  If they are that is not a big deal.