"Pet rent" is a little more grey - the Residential Tenancies Act does appear to preclude such additional rent amounts, but the practice is widespread and, thus-far, the authorities appear to tolerate it.We only allow pets in select buildings: either ones where we have inherited pets and have yet to perform any substantial retrofit or where the building was renovated with pets in-mind.

So what does “good potential” mean to you and what level of risk can you tolerate?

To me, the best course of action is to structure the deal so that it meets the investors objectives....some will want fixed return with less risk....others will tolerate a bit more risk for added upside.   

If they lose $50,000 on an investment, that's at most 5% of their total net worth, assuming they just barely qualify.Most sponsors I've dealt with qualify their investors on their Accreditation status AND temperament, risk tolerance, alignment of interests, etc.

That being said, there are still good deals out there depending on your level of experience and risk tolerance.

It all depends on your risk tolerance and if cash flow supports it. 

You could even use the oven for storage (not joking) if cabinet space is at a premium.KnutePro tip: Only store things in the oven that can tolerate high heat.

This is a great little area ,it’s got a lot going for it as mentioned above plus they have started work on the $500 million judicial Centre ,a little east of here towards twin aire and if you’re feeling brave and have good risk tolerance and cash you could look at streets north and south of English near Twin Aire .Good potential there ,it will take time though 

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.Any lawsuits would be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced).

And determining which group you want to belong to depends on your risk tolerance and strategy, which is why I started this thread.