It shouldn't, under any circumstance I can think of, be the basis of a growth strategy.

There simply isn't enough margin in this business to layer on a national company, without charging you an arm and a leg and/or doing a substandard job.

on my drive around Lake G  I topped into a new development  Large lots nice Modern Farm house designs much like what I build in my developments but definitely next level from what we build and prices were not bad I think under a million.. 

Also, most Umbrella Policies only pay out if your underlying policy pays out, and the underlying policy will do everything they can to find an exclusion or that you were negligent (which you probably were) in the cause of action to get out of paying the claim.

Or city being under staffed for certain added works now, and possibly over-staffed during down cycle portions of it all. 

It may surprise you, but we have always operated under the premise that renewals make us more money than new leases.

If there are pets in the unit take a pan from under the sink and fill it with water so there's something to drink.

Gross yield for most AIrBnBs in Niagara is 10% and under compared to neighboring areas (though only 1441 Byrd Ave has a 15% gross anual yield. 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

The profit of the original house would drop by $420 to $1880, but a new property would come under his ownership making $2300 - $1600 = $700.