Selling to investors with tenants in place, is just one strategy, and it may not bring you the highest value in this ultra competitive market.

Although these types of letters are having less impact in the ultra-competitive market we are in since sellers have the pick from the offer litter, you just never know who is on the other side of that offer.I also like the per diem option mentioned by @Doug Spence!

I currently have a few businesses and do mountain ultras. 

Hi @Violet Guo,I help first-time investors like yourself find rental properties in the GTA. 

Really fascinating perspective coming from the world of dealing with UHNW (Ultra High Net Worth) individuals and trusts and to realize that his 4 primary rules to investing did not differ all that much from mine.

I personally would find a SFR as very stressful first investment given the vacancy factor and a certainly right now during the ultra competitive market more stressful to get under contract.

If "better" means "ultra high LTV lenders who will overlook my minimal liquidity/experience/balance sheet - and take the property / force a partnership if I **** it up" - then you're talking about private/hard money lenders. 

Investment Info:

Small multi-family (2-4 units) other investment.

Purchase price: $1

Cash invested: $1

Have torn down the existing 598 sq ft SFR, and will develop a 2 unit project. The front house ...

@Alex Carreras reach out to @Violet Rose who is a broker in that area and is very versed on Real Estate Investing...Good Investing...

It appears one person is an ultra clean freak and he retained the services of some cleaners and this other person hasn't paid his share.