Her neighbour unfortunately passed away from a long battle with cancer today.

You can have a goal to do this, but keep in mind there are many things can change your course - health, life events, job situation economic problems (think Greece, Spain, the US national debt), a tenant who causes a lot of damage, evictions, and many other things.Along the way to a dream is a lot of reality.

There is no way this is sustainable.A good stiff adjustment - either a halt in the growth of housing prices or, as our neighbours to the south, a substantial decline in valuations (i.e. 30%) - is due to Canadian real estate.

I agree with those saying get a city arborist to look at them and you can tell the neighbour they have been inspected twice over the years.

Use your own property for the address, seen as though you are neighbours.

(Dec 2014) - 2nd deal- townhouse, purchased off MLS price 62k, rehab costs 38k--all cash, was going to rent this but decided to sell once I got my license (so this took a LOT longer than I expected) under contract at 146k (I'm the listing agent so i'll save some $$ here) (Mar 2015) -3rd deal- townhouse, purchased off MLS 57k, rehab costs est 36k---all cash, should be listing likely by 7/1/15 for 152kApril 2015- Missed opportunity:  While on my 1 full month vaca to Italy/France/Greece, I received an email from a woman looking to sell her house, I obviously didn't answer the email.  3 weeks later after I return, I reply only to find out that she is under contract with one of my good friends (he will make 45k on the wholesale).... kicks myselfMay 2015- 4th deal-- neighbor walked into deal 3 jobsite and said he wanted to sell his house for cash...Foreman gave him my number rest is history (its 4 doors down from deal 3), purchase price 54k, est rehab 39k---all cash, will likely sell est 150k or rent for 1450ishJune 2015, 5th deal-- found on mls...

Neighbour to my first deal wanted to sell, just moving in with family to cut costs.

In instances like yours, I've seen listing agents use some pretty creative extrapolation from neighbouring SFR & duplexes.In the end, you are doing the right thing - the amount you offer to pay for the cashflow needs to exceed your opportunity cost to make it worth your while.

Chances of that happening is zero unless municipality and public opinion change.In most areas today tiny homes are viewed as glorified RVs that RV parks do not want, MHCs do not want, neighbours do not want and by-laws do not allow.

The majority of us do not live in fear of our neighbours.