You must be ready to increase you gas pipe by one size,,,if your running 3/4" black pipe get ready to increase to 1".You must run a dedicated 120 volt circuit to the unit.You must ready ready for maintenance ie flushing out the unit with a mild acid solution every 4 to 6 months,,,,If you can handle that,,,,,,the good news is ,,you now have a water heater that will last and last a long time without replacement ,,,,,if youll do the maintenance,,,,no more leaky tanks,,,,,,if your unit fails its usaully an inexpensive electronic component problem ,,easy to change out ,,,,OK gang ,,Im off my soapbox,,,,Best of luck in 2014Dave DoyleLos Angeles

Hello,We have an original fused disconnect from 1950, when the building was built but all of the apartments have circuit breakers.  

I guess I'm reaching out to see 1) are the items listed above deal-breakers or 2)  how people analyze time involved in a project even it cash flows as your mindful of wanting to buy another.

(Deal breaker if too many,such as more than 2 per bedroom.

So if I am here you right, you would focus mainly on getting the right property at the right price and not to allow utility issues to be deal breakers, yeah?

What do you look for in a Private/ Hard Money lender when you are considering your cost of capital? 

While selling the truck certainly is an option and could really short circuit every thing, I personally think if you can and want to pay cash for a vehicle then drive what you want.

More work, but if the numbers pencil out as good as you say, then NO this is not a deal breaker...... start the evictions as soon as you have legal possession of the house.My bigger concern would be the lack of inspections..... how confident are you in the REAL condition of the property?

The rest of the house looks good but at least one bedroom is really small and would be an office for most buyers so you have a 2/2 rather than a 3/2.If you have been getting feedback from agents showing the property that the layout is the deal breaker there is not much you can do with that other than learn for the next one and lay it out up front and get feedback / input. 

Not a deal breaker.