@Mark Elliott Congratulations on finding some low value properties where the bank just released them.  

@Elliott SanchezWelcome to BP family!

I have waved off on two properties in florida due to finding out the flood insurance price.  

Originally posted by @Mark Elliott:... as far as the dogs, call the cops, tell them that you believe he may be dealing drugs in the house because you smelled pot when you last talked to him and you need to access the house to verify. get in there anyway you can. 

How do you categorize your earnest money payment (and eventually the rest of the down payment) in accounting software (like Wave or Quickbooks) when purchasing a rental?

I rode the appreciation wave up in 2005 and I rode it down, too. 

it was neat to be able to click on different platforms links and get taken right to the portal.Personally I think this is the new wave of HML and commercial deals that have a hard time getting banks or insurance company loans.

These older buildings make for aesthetically pleasing apartments, but, unless the building has been modernized (particularly the building envelope) in the past 30 years,  the operating costs of some of the old stone and brick multi-units can have operating costs in the 60 - 75% of gross revenue range.The other thing to watch in Saint John is the local economy - which is struggling a bit despite the recent announcement of the refurbishment at the refinery.We've been watching this market for a few years and there are deals to be found, you just want to be most conservative in your analysis to leave yourself with sufficient cushion.Fredericton has a fairly stable rental market - being a predominately government and university town - but a recent wave of new construction has seen vacancy rates climb from 2-3% to 6 - 8% and I think we will starting to see a little pressure on those landlords who provide their tenants with poor offerings.  

Jessica Elliott Welcome to BP!

You'll probably start a rolling wave of partnership offers, be careful who you jump in with!