@James Syed How old are the systems, (roof, windows, siding, hot water heater, appliances, HVAC, etc)?

When the basement ceiling is accessible, we replace the galvanized water pipe with PEX.2.

Maybe show dramatic pics of hidden damage, water damage from leaking pipes, dry rot, etc.3.)

So, figure out what a specific property in a specific area could/should rent for and then figure out if that would cover the expenses.Expenses include property management, taxes, insurance, any owner-covered utilities (ie water, trash, maybe even gas or electric), a vacancy buffer and then some reserves for maintenance and capital expenditures.

Also what kind of expenses do I need to take into consideration besides electric, heating, water and trash?

BTW: one common problem with these kind of assembled-deals is the intertwining of water and septic systems.

My leases state:Tenants responsible for all utilities with the exception of:AAABBBCCCI pay for Sewer and Water on both my current places.

Are you coming across as a shark smelling the blood in the water, or do you really want to help these people and make some money in the process.

One of our investors had the doors kicked in & they jacked up the heat to the highest & left the water running for several days.

If this is the case, you're basically adding an extra $400 of expenses each month (water should run around $100-$200/month for 4 units).