Originally Posted by CDSmith

For hot water.

I've been considering it lately. My old water heater is still working great after more than 10 years. Average life of them is 5-6 years so I'm way ahead of the game with it, I take the time to do the "drain off some water" trick every 2-3 months. Got a lot of extra life out of it.

But these tankless water heaters look intriguing. There would be no more worries about running out of hot water in the morning when my tenants are showering. On days when I need to shower in the morning the tank can run out pretty quick.

There are places that will only rent them. They install, then you pay a monthly fee. Other places sell them but don't specify up front just how much they cost.

Rent or buy? Anything to share about it as far as how tankless has been for you? Tips?

Anyone?