Just keep in mind you get what you pay for, dont but the cheapest one out there and expect the best.
I installed a rinnai tankless in my previous condo.
PROS -
-saved me about 30-40 a month switching to a N/gas tankless from a 40 gal electric
- Freed up alot of space
- Constant hot water, always at a steady temp unless someone opened another hot faucet while you were showering ( but i think it happens with any water heater )
CONS
- You have to wait an addition 3-4 seconds for the hot water compared to a normal storage type water heater
-Hope to god the thing never breaks, cause I consider myself a good mechanic , I work in the HVAC related trade and I damm sure wouldnt want to work on the thing. It looks like a oversized high tech watch inside

-The cost compared to a normal water heater is more then double
Now at my new home I have a typical 40 gal nat gas water heater . And even after owning a tankless before , If my current 40 gal water heater craps out, im not sure if id buy another tank less.