I had a 13 year old water heater develop a leak in the tank itself. I researched the issue, and decided to go tankless. I have a 1 inch natural gas main into the house, which branches off to a wood burning fireplace with gas starter, a range in the kitchen, ending up at 3/4” to feed the furnace and water heater. My total BTU rating for the range, furnace, and water heater is well within the confines of a 1” line fed at 5” water column pressure in the lines. Mounted the water heater on a piece of galvanized uninstrut run floor to ceiling. I hard piped everything, gas and water feeds. New venting was required for exhaust and combustion air via 4” PVC to the outside of the house. Tankless water heaters also require a PVC floor drain, as the condensation from the heater box area must be drained, and it’s slightly corrosive. All this was done in an 8 hour day, including trips to Lowe’s and Menards for supplies. In the end, I’ve been extremely pleased with the results. Infinite hot water is amazing, especially if you have a 100 gallon soaker tub. I can run 2 showers and laundry at the same time, this is where sizing is important. Most residential units only give 5 gpm at 120 degrees F (doesn’t sound like much but really most showerheads flow 1-1.5 gpm). My gas bill is about $10 a month less since I did it. The upgrade, including parts to install, was about $1300. A straight one to one swap would have cost me about $800 (going from standard tank water heater to a power vent model). The last consideration is water quality. Hard water will scale these up in a hurry. My current occupation is in the water treatment industry, working on RO systems for Coke and Pepsi bottling plants, so obviously I have treated water at my house. I also know how to chemically clean the systems as the manufacturer (Rinnai) recommends, but this is really a non issue. Annual flushes with vinegar, that’s it.