Some of the best opportunities can be found in other regions, particularly in markets known for strong rental performance, stable property values, and tenant demand.

Many insurance policies also require re-development within two years, a near impossible timeline in a region with the coastal commission, perhaps only second to Manhattan in terms of permitting and red tape.

Knowledgeable of the Capital Region and seems to be working on awesome projects.

This will vary based on region but in general 2 – 5 points, 9% - 16% APR (meaning this is the annual rate so divide it by 12 to get the monthly interest amount), and documents fees can be from $600 – $1,900.

Do you have a region in mind to buy in or are you just exploring the idea?

I believe Niagara Falls, ON is part of the Greater Toronto metro, and there's a lot more going on there.

Our community is actively identifying and investing in off-market deals, sharing the cost of virtual assistants and direct mail, sponsoring deals, investing our own capital, and having multiple group calls and webinars every week with institutional analysts, real estate and SEC attorneys, regional banks, private lenders, and other experts specifically to discuss and analyze deals within the community.

@Shawn Smith we've got several clients from Toronto and also Vancouver.So, we've got referrals for experienced tax attorneys, CPA's, etc. for Canadians and foreigner investors in general.What are you purchase criteria?

The only other good lenders I've seen are credit unions and regional/local banks.

I'd say one of the issues I'm having in the Sarasota/Bradenton region is the rapid changing regulations in regards to STR.