I’m early in the research phase but if other Canadian investors are open to sharing areas they’ve had success in, I’d love to hear about it! 

The previous owner had bought some no-name system that nobody recognized and it was hard to get parts for.The HVAC person told me it would be something like $2300 to fix it, but the type of Freon that system used was being phased out and no longer available in the next couple years (at that time).  

Hey Tim, I'm currently in the process of becoming a licensed lead paint inspector in the state of Mass and am starting the last phase which is the apprenticeship. 

It's in a fairly heavy buy and remodel phase right now and may be a good time to get in.

Should RUBS start on new leases and slowly  phase out all bills paid when a lease expires\renews?

@Jerry Miller when you mentioned patch work plus a coat of paint for $1,550 it didn't phase me.

Start, as much as possible with things that work at 1 property or 100 properties so you're not having to completely change your practices as you go through growth phases.

Most commercial lenders I work with will ask for floor plans, as well as "Phase 1" documentation (environmental studies, etc.)

Right now your current P&I on the $240k balance = $1112/month (estimated) + $443/month P&I for the investment = $1555/month but could continue to go up once it enters that adjustable phase, so $1555/month could = $1655/month in 3 years, $1700/month in 4 years, etc etc. 3.

Taxes, Insurance, Utilities, etc ... that occur during the Rehab phase and up until the property is fully rented?