Older multifamily properties, like the one you’re considering from 1920, can be solid investments, but there are key areas to assess carefully.

I personally don't care.

Take care, Pat & JasperTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

I am no expert but have been present for a few inspections and i always like asking questions.I agree with all that was said already especially holding individuals accountable for caring for their own system.

Current building code requirements and local amendments should be considered forrebuilding the fire-damaged portion of the residence.The Engineer shall have no liability to the Owners, or to others for the acts or omissions of theContractor or any other Persons performing work on the project, or failure of the Contractor tocarry out the work in accordance with this letter, except where specifically inspected andapproved by the engineer and discovery of defect is possible within the normal ability or standardof care for the industry.This report is based on a diligent visual inspection of the referenced areas.

(average of $400/m) $7000 annual expenses roughly- insurance, septic Mgmt, lawn care, etc.

Just change your settings and discounts to attract MTR or LTR crowds,  personally, I would be careful Of furnished finders.

Take great care.

Most cities won't care if the owner lives in the basement, they only care if it's tenants.The egress window is also a good idea for increasing future sales price.

Calgary and Edmonton are big cities like Vancouver, so you need to be careful where you buy.