Don't forget to factor in an additional parking space for Brampton, and furnace dampers (most municipalities won't require either of these so it's I'd say mostly a Brampton specific thing).I think one reason rents are/were so high is the amount of students.

Navigating zoning regulations is critical when converting a property, especially when transitioning from a commercial space to residential use.

Even if the tenants are allergic, they can avoid that area for a short period of time, just like they would do in any outdoor space.

If you can find opportunities like this to turn additional living space into a bedroom you can substantially increase your rent for the unit. feel free to reach out if you'd like; i'm an investor focused agent specializing in house hack opportunities.

Hi all,New to the world of real estate investing, looking to find long term rentals and maybe something in the storage space realm as well. 

After you are approved you will have 7 days for the inspection and can walk away in that time space.

Urban areas like Austin and Dallas are appealing for growth potential and job markets, but the suburbs and smaller towns offer more unique opportunities (lower entry costs and a steady flow of families and retirees seeking affordability and space).

Or I do like the suggestion above of a co-work meeting space, assuming it is a bigger urban area that would be a solid potential income stream. 

I did not choose.I selected configurations similar to what they were renting—for example, 3-bed, 2-bath, yard space, etc.I focused on locations where they were currently living.I set rent prices within their budget.SummaryI became successful at real estate investing once I understood that what matters is the tenant segment who occupies the property.

So, for my proforma, how much does a developer or  assisted living company pay for entitled land in this type of space?