Steve:Sorry I did not get to this last evening as I committed ... it slipped my mind.In our neck of the woods, we have a standard government lease (called Form 6) which, while it is not obligatory we use it, any lease you draw-up yourself cannot deviate or contradict the standard lease ... so most folks use it.The standard lease allows the landlord to attach their own Schedules to the lease ... most notably Schedule A - Additions to the Standard Lease ... this is where your "house rules" are to be found.In our Schedule A, we have a section on Alterations to Rental Property which contains the following clauses:1.The Tenant agrees to use only putty, tacks, pins or finish nails but not stickers or tape as picture hangers. 2.The tenant agrees not to make any additions, changes or alterations to the rental property without prior written permission of the Landlord.

That said, you could drop the price 10k or you could add a bathroom for 10k ... do you think it would help?

That drops the investor to 14.3%.

I bid at a price I thought was fair, but it was way below 93% asking, so instead of considering that price, they will only do a price drop later, then consider offers at that next level (hopefully having someone bid asking).

When did it drop from 75%?

I had a list that was 4000 names and I wanted to halve it without buying a partial list, so I added his tip to put in home values from 100K to 300K since that's my investors demo anyways and I figured it would narrow down my list and drop the million dollar homes that I won't be touching anyway.

At this point in time $25K in Toronto, is probably not going to get you into more than a tree house ... that is one market waiting for a pin-prick.

Used to once it hit about 80% ltv after owning the property for a few years you could request the insurance drop.

When that happens, take my advice, drop back ten, take a deep breath and come at the project from a different perspective, start over with finding the right contractor for the job.Regarding the time spent doing walk-throughs with GCs....I used to think it was just a waste of time, but I soon realized that when going through a house and having a GC realize your vision, here is where you will find their creativity and perhaps a vision much better than yours.

But I will not drop the big bucks for these.I have downloaded all the podcasts and listen to them over and over again.