Purchase Price = (ARV*.70) - Rehab costsPurchase Price = (125,000*.70) - 70,000 = 17,500Math is not my strong suite.

But this gives you a wide array of markets from cheap homes with more cashflow to luxury neighborhoods with high appreciation.If there is anything real estate related that I can help you with, let me know.Best of luck!

He decided my basement suite is unauthorised, as are about 98 percent in this city.. but if I wanted to keep it I had to get it authorized... this was a giant pain it the ***Improve this and that... some of which I'm glad I did like hardwired interconnected smoke and CO2 alarms, couple of fire egress windows..etc..But someone way back, probably in the 80's had rigged the electricity and bypassed the meter, and so my electric bill was half of what it should have been for years.The electrical inspector saw this and made me put a utility pole outside with meter on it.

In every neighborhood there is someone who dreams with a contemporary cool home, and it can be achieved with any budget.The house was abandoned for a couple of years, it had a fenced front yard, and a very compartmentalized layout; we opened it, added bathrooms, a suite bedroom, finished attic and basement, we painted dark and picked finishes and amenities not expected for the neighborhood.

Seems extremely tricky even with the loosening restrictions, but I do love the idea of an in-law suite above the garage.

Unless the tub is a hot tub, it gets too cold, too quickly, to be luxurious to anyone over that age. 

Basement suite which is 2, could be 3 bedrooms.

They moved to a bigger house that suits their needs now and basically used Covid to break their lease and leave with only 23 days notice.

The 11th building is not finished inside and could be built to suite.

You can file that action yourself -in a case like this your suit to acquire title is most likely to be uncontested.