Options instead of HVAC for cheaper rentals

[Patrick Sears]

Hello,

Curious if anyone has any experience with using things like baseboard heat instead of spending $$$$ on installing $6k HVAC systems in their rental properties?  Tired of the crack heads trying to steal the condensers for the copper.  The homes I am looking at are average 2-3 bedroom 800-1300sqft one-level bungalows from the 1930's that will rent for $800-$1000, all in for <$40,000.  Can't really justify $6k HVAC, but I hate window units.  HVAC or mini-split might be worth it if I could be sure they wouldn't be stolen, especially in the lower-income neighborhoods...

Ideas?