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Originally Posted by A Salt Weapon
I'm a little late, but since this is what I do for a living I should chime in. Go tankless and never look back. Here's the kicker, don't go cheap. Rinnai is the only brand to consider. One r-75 will replace both 50 gal tanks, use less fuel and pay for itself. And there's a tax credit as well. They make both a propane and nat gas unit, you could go bigger with the r94 but you won't need it. If you really want to save some fuel get the ru80i, (condensing 96+% efficient) however you'll have to address the condensate. Costs more and if your local code requires it to be neutralized you have a little more cost.
Shouldn't run you over $3k out the door and could be even less since you already have gas lines. If you can mount it closer to your main water fixture it will run less.
I've put in over 100 over the last 6 years and never had a complaint. Our company has put in over 500 over the last 20 years and never removed one. I work on about 5-10 a year and most are over 10 years and don't require much work to fix.
Rinnai offers a 12 yr warranty and stand behind their product 100%.
Their boilers are an amazing machine and I'm installing about 1-2 every 2 months now.
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Just as an aside, if it means anything to you. The boiler modules for tankless Rinnai heaters are manufactured in beautiful Springfield Mo.