The buyer liked it because they picked up an eight-unit property for almost no money down and with long-term financing on the first.You may have to work through hell and hot water to find a worthy lender.But the concept definitely still exists.  

Replacing aging water heaters is also smart—it improves reliability and can be a selling point later.

For a partial sale you run into issues of surveying, subdividing, easements possibly on road access, sewer, water, gas, fiber, etc.  

They found this letter floating in the water "Dear Father, The Captain assured us going the planned direction was the way to go.

we had a gas hot water heater, big name brand with a six year warranty go out at about 6.5 years.

My focus is to make creative finance, and BRRRR deals to create a rental portfolio asap :)In the meantime, I work for a developer who's offering utility work for other developers (water, sewer, gas, and even foundations!)

If units have separate heating & hot water heater units, really the only thing you have to plan for is replacing the roof and parking lot.

Hi everyone,I own a 12-unit apartment building in Euclid, Ohio (fully master-metered for water/sewer).

The borrower didn't move forward because the rate increased due to the lower DSCR, and the borrower was receiving less cash out.This property was part of a larger portfolio that my client was considering refinancing, but wanted to test the waters with 1 property first.

Even more important around first frost: shut off exterior water and remove garden hoses.