Hi,
Earlier this year I purchased my first rental property. It's a brick 4-family building with 4 one-bedroom apartments. There are tons of these things all over Cincinnati, very common here.
The building uses a gas-powered boiler to provide heat. The boiler is pretty old and I'm not sure how much longer it will last, so I'm starting to think about replacement, budget, etc.
Two questions for the group:
1. Can anyone give me a ballpark estimate to replace a boiler?
2. Is there a different heating method that I should be considering instead of simply replacing the old boiler with a new boiler?
Thanks!