Definitely a fair point, its not an island by any means.

@Mat O'Grady, generally in many states, you're right that tenants cannot withhold rent for non-emergency non-uninhabital problems. 

I've lived in Queens, the island and now in Cincy - the landlord tenant laws are VERY different. 

The house is vacant and uninhabitable as is.

I'm heading back to Kona (Big Island Hawaii) to deal with my squatting tenants.

I'm thinking of putting together a meet-up for investors on Long Island and the B/Q area.

@Doug KeefeHello from the Big Island ;-)That line means that CMHC will allow an LTV of 85% of the {appraised} value of the building or 100% of the construction cost (for new buildings) whichever is lower.It's basically saying if you spend $1,000,000.00 to build a 12-unit building, but it appraises for $800K in the present market, that CMHC will insure a loan principal up to 680K {provided the deal qualifies for the 85% LTV ... many only qualify for 75 - 80%}.Conversely, if you built a 12-unit building at a cost of 600K, but it appraised at 800K, CMHC would only insure a loan principal up to 600K.

Hello everyone,my name is tyler im 22 and have always wanted to invest and flip houses. just never actually took the leap to do it! i really would love advice and hopfully be able to possibly partner with someone to s...

I live in Mount Vernon, WA and am currently stationed (US Navy) in Whidbey Island. 

I'm in the Long Island, NY area and looking to get into the buy and hold field so that I can enjoy a nice passive income.