Quote from @Efrain Flores: Quote from @Tim Delaney: Based on rent of $1500-1600 and mortgage payment of $1700-1800 which doesn’t even include maintenance, management or capex it doesn’t seem to make any sense to keep it as a rental.

The definition of “livable” or “finished” space can be surprisingly specific.In many markets, including here in Arizona, appraisers and agents generally want the space to be finished in a manner consistant with the rest of the home and serviced by a more permanent heating and cooling source.

Purchase price: $232,000 Cash invested: $200,000 Sale price: $575,000 I purchased this single-family property and undertook extensive renovations, including excavating a new foundation and reframing the entire two-story house.

My suggestion is to build a spreadsheet and include the net cash flow to you for every month of the deal, then use the IRR function to figure out your return. 

A couple of things happened in the last few months including a lump sum pay out for a retirement from a company for whom I previously worked and I inherited a modest sum unexpectedly. 

If it is helpful at all this website www.engelvoelkersnovascotia.com has all the listings in NS including sold ones and gives great market insight on ALL properties in Nova Scotia.

You need to research/know the rules, laws and regulations (including HOA if applicable), like you'd do in any US city.

Hey all,I recently closed on a 3 unit property which I am going to house hack which brings my portfolio to a total of 5 doors (including the one im living in) and am curious if it would be wise to have an LLC for each property and setting them up as individual companies?

In particular Overland Park, Olathe, Lee's Summit, Blue Springs and North Kansas City.

Originally posted by @Tony Vicente:I'm looking at a home that's zoned "R8", contains a single family home that I'd like to convert to multi-family.R8 includes both single family and multi-family.