One tenant has been offered a new lease at a rate closer to market value, and the second tenant will be vacating the 2/1 apartment which we will then rehab and turn into a medium term rental for traveling workers who come to the island seasonally.

The affordability criteria is based on 30% of the medium income, in Calgary that would mean under $1750 per unit which is VERY reasonable for our market

My first inclination is to buy a big tub of red devil spackle and artfully slap it in there with a few spackle knives of different widths, but I know that's not the right way.

The medium level family income is over $75,000 a year now I believe!!

If you are investing in a nicer area, medium to higher-income residents, then a decent sized portfolio of single family homes can be beneficial in two major ways1.

Are you doing normal long term rental or getting into any medium or short term?

Medium term rentals scare me thought because if they don't like STR and we are using MTR to skirt the rule, what stops them from finding that loophole and shutting that off too. 

Hi,I'm planning to start underwriting potential small/medium apartment deals in Chattanooga, TN, Knoxville, TN, and Huntsville, AL next week for an investor looking to do 1-2 deals this year and perhaps more next year.

you pay to advertise just like any other medium.

Could anybody suggest  an average ROI for typical medium/high quality new residential construction projects?