Electrical may be 5k, and you get a bill for 6k. 

It doesn’t.Here’s what SC law says you must do—no matter what the lease says:Keep the unit safe, clean, and livable.Maintain HVAC, plumbing, electrical, and appliances—unless the lease clearly shifts that burden.Provide heat, hot water, and running water (again, unless legally excluded).Maintain common areas in buildings with 4+ units.Want to access the unit?

Definitely not a lot opportunity like this here.However, insurance won’t cover because it has knob and tube, so electrical needs to be rewired.

I also have two gas meters, but the boiler is only tied to one.My Plan:Leave 1st floor on the existing steam heatInstall a ductless mini-split system for the 2nd floor (for independent heat + A/C)Shut off upstairs radiatorsRun mini-split off the upstairs electric meterDrain condensate outside via gravity (no pump or basement tie-in)If I can keep the install under $4K, I’m moving forward.Looking for advice on:Anyone do this setup — how’s it worked?

In the next 60-90 days, the association will undoubtedly raise condo dues (several hundred dollars) to address other significant updates that the building needs as a whole (such as a new elevator and new electricity throughout the building).I'm very responsible with my finances and have always maintained an excellent credit score.

If the major systems - roof, HVAC, plumbing, electrical - were replaced or certified in good condition, you’re typically looking at:5–10 years of relatively low maintenance15–20 years before you may need to revisit major CapEx items (depending on usage, climate, and tenant care)That said, some renovated homes are 40+ years old, so it’s important to review the scope of work and ensure there’s documentation on what's been updated.Both strategies can be solid, especially in the Midwest and Southeast, where you can still find cash flow in Class B neighborhoods with long-term growth potential.

Oh, and the association will certainly be raising condo dues (several hundred dollars) to address other significant updates that the building needs as a whole (such as a new elevator and new electricity throughout the building).

Basic, but functional faucet.Appliances ($3,500):Focus on essential replacements.Refrigerator: Energy-efficient model.Range: Standard electric or gas range.Dishwasher: Basic model.Consider deals, scratch-and-dent appliances.Lighting ($1,000):Recessed lighting in the ceiling.Under-cabinet lighting.Basic pendant lights over the island.Paint & Trim ($500):DIY painting.New baseboard.2.

Electric is easily accessible and not in crawl space, not new but it works.

Some items went over budget, some electrical last minute concerns and demo is expensive !