Never trust zoning and permitting assumptions.5. 

Too many "not in my backyard" locals are protesting zoning changes and city council has adopted new (stricter) zoning and permitting requirements. 

If you don't want a big city like Calgary or Edmonton; try Lethbridge, Red Deer and a few other cities with populations around 100K. 

There isn't a shortage of deluxe homes, and if there is, a buyer with funds enough to afford one can build his own.I do have a problem with the concept of operating a vacation rental in a neighborhood zoned as residential, even if the law says you can do it.

Chicago most often.Some folks seem to get them to understand but others have gotten stuck with no way to STR their properties.Have you gone down to the zoning folks and explained everything?

I am closing on a multi-family (3-4 units) buy & hold investment in East Boston.Purchase price: $969,000Down Payment/ Closing Costs: $113,000I am in the process of buying my first property, using a 2 for 1 buydown, which is in a non flood zone in East Boston.

The house was built in the 1800s and although it is zoned as a multifamily, it has never been used as a multifamily before us.

Most utility water meters have a small red or black dial on the face of them that is a leak detector.

Yes numbers could be fine but the area will diminish any return you get. 40-50K ARV is a war zone type area.

Or is that a red flag?.