Typical inner city early 1900’s Akron house.

Do you have a city/market in mind for these investments? 

It's outside Scottsdale city limits (Maricopa County jurisdiction) so it is not subject to Scottsdale's restrictions.It does, however, have a shared well agreement with one other parcel (as almost all in this area seem to).

Hello everyone, I am located in New York City (Bronx), and I am currently tackling a renovation for a triplex rental I plan to keep.

Was a group that sets up in the city, finds the wholesale deal, hires out the contractor, has an agent already. 

Quote from @Laura Morlock: I have an opportunity to purchase a very beautiful and unique property - striking century manor house directly on the river, 1.5 acres, huge detached garage/workshop, in a quaint little town 15 mins to two major cities and a little under an hour west of Toronto.I know the property inside and out, it's turnkey, and I would love to own it, but I don't know what to do with it.

The city has issued licenses, they are just very limited, hard to get, and there are a lot of restrictions around how it can be used. 

Even as 1 BR, the lowest FMR I can find in the City is $830.

Unless they are housing a squirrel, it will take you years to get someones attention and evict in the city.

Some areas of cities have older stock.