Focus on the $148k (or whatever the total P&I number ends up being) in offer #1 to really pique the seller's interest (no pun intended).

Indianapolis is a great city that we sell a lot of properties in, but it is very foreign (pun intended) to Canadian investors.As a Canadian you will have a difficult time using your RRSP funds to buy U.S. property because of the restrictions placed on the allowed use of the funds.You should work with a Canadian attorney and/or CPA that understands U.S. tax laws.

Sometimes there is no choice but to work “in” your business.Okay, to be somewhat constructive (pun intended) I have had had some luck by driving/walking the flood rehab areas an looking for good quality work where the crew is nearing the end stages.

It appears that there is significant room (*no pun intended*) for a Value Add play here by escalating rents due to the renovation of some units.

What are the pros (no pun intended) of upgrading??

You need to fix this immediately before the neighbor catches wind of it (pun intended) and decides to sue.

On the flip side (no pun intended) I've been told that if you're doing everything the right way, it's no big deal.

This is why we have what looks to be a nationwide (no pun intended Will) problem!!!

This cottage industry (pun intended) is fast becoming a major growth industry and is spreading like a wind fanned fire.

If you pay for this, you'd be setting yourself up to get hosed (pun intended) It will cost you waaaaayy more than you think and you'd be harming the environment because they'll be wasteful with their water use.Were doing the opposite : B/C our buildings only have one meter, We implemented a RUBS water billing system (google it) per occupant and now each tenant pays their fair share.