There was huge demand this year and not much lasted more than a week on the market if it was priced right.As for traditional rentals muskoka is a great market because our average family income is around 59,000 per year leaving a large portion of people in that lower income level.

@Brian Sherman You need to gather the last 12 months of water bills and get an average for use.

That's a long time, but what's the average DOM for similar properties in your market? 

I’m especially interested in hearing what the average cost per door per month is for property accounting.

Strong Financial Returns: With typical CAP rates around 9%, and an average cost of approximately $530,000 for a three-bedroom, two-bath fourplex, investors can expect an annual income of over $60,000.

•Strong Financial Returns: With typical CAP rates around 9%, and an average cost of approximately $530,000 for a three-bedroom, two-bath fourplex, investors can expect an annual income of over $60,000.

Some lenders will average out a partial year of rental income from your tax returns if you cannot provide a lease. 

I occasionally get someone that says, "I know this one guy..." but they can't provide actual details and it's probably just a rumor.Almost all legal disputes are over security deposits and very small amounts.Large suits involve injuries, which are only a risk if the landlord is negligent (e.g. fails to repair a broken step and the tenant falls).Even if the landlord is guilty, the suit will most likely be settled out of court and covered by insurance.Even if it goes to court, insurance will cover the costs.The odds of a landlord losing a lawsuit for more money than the average insurance policy will pay are about the same as winning the lottery or being struck by lightning twice.

Average build time right now is 6-8 months.Your unit will be on Septic and Well.  

A midrange kitchen remodel has a 96% ROI, costing an average of $27,492 and adding $26,406 above your cost in value.You could also go for slightly larger rehabs, such as adding a bathroom or a bedroom.