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" ... 4. HVAC inventory: I have done much due diligence on multifamily complexes, and I have yet to see any seller have an accurate inventory of their HVAC systems. You must look at each of these. It is best to have an HVAC contractor walk the property with you to get an assessment. This is the biggest repair expense you will have, and you need a good estimate of the number you will be replacing in the first year. You need to know freon types, manufacturers, tonnage and the condition of the units. Typically they are split systems, but not always. Also, where are your condensers? Are they on the roof? You might want to build in the cost of buying a lift. Otherwise, you will be renting one every time you have to change out a condenser, doubling your cost. ... "
" ... Winning the mattress maker Bryte Labs for his “Phononic Inside” pitch was a coup for Atti, 45. A former NASA scientist turned venture capitalist, Atti had spent the last decade trying to convince industrial firms that Phononics’ lithe solid-state cooling units could be used to keep medicine and food cold more cheaply and reliably than traditional refrigerators that used noisy and bulky mechanical compressors and pollutants like freon. He hadn’t always won. ... "