The 1 bathroom has the major leak at the toilet which is causing major damage under the floor.

I recently got engaged and my fiance's family own a few real estate properties that they are renting out (majority are condos in Columbia, SC and 1 in Florida).

It depends on the lender, but majority of DSCR lenders will not have this requirement to close on a refinance. 

There’s a major advantage here, especially for the seller, as it can help them defer capital gains taxes.

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

And actual major flood events in the last 45 years in reality have not come anywhere close to the elevation where this property is.

You’ll find investors from Toronto, Vancouver, and other major Canadian cities who share their experiences about market conditions and regulations in Canada.For formal groups or chapters, outside of BP, the Canadian Real Estate Association (CREA) and local investment clubs are great places to connect with more like-minded investors.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

And the guru's and coach's across America teach these sleazy techniques. not all like I said but I would say the VAST majority..

Best decision I ever made. they went on to basically lose the portfolio as 2 steps one back.. theft  non pay trashed units.. simply not a sustainable model.I then switched to no debt A class only takes a few of those to hit that magic 10k a month NET cash flow with basically zero drama.. and only a handful of props  to manage  .. owing 50 houses has major work load if they are section 8..