Radiant Ceiling Heat
I'm shopping in Lansing, MI for my first rental property and have found a duplex that looks like a great deal to me. All the numbers work out well, and I think I can get a good price for it. I walked through with my realtor, and the only issue that I'm wary about is that it has radiant ceiling heat. I've never heard of this heating method before, but a google search tells me that it was popular in the '70s and can make for a high electricity bill. I'm not too worried about the cost to heat, since the each unit has a separate electrical meter and the current tenants pay their own electric bill and seem to be fine with it. But it's such an uncommon heating method, so I'm worried that I may run into expensive problems with it in the future. Have any other investors run across or had problems with radiant ceiling heat before? I'll want to get an inspector who knows about the system, but does it seem worth making an offer on if everything else works out?
Thanks!