This takes some of the risk off of the landlord and places the risk on you.

What made you interested in investing in this type of deal?

This is a recipe for your appliances and copper to disappear 

Together we make about 120k-ish and as were doing this, were actively paying down our credit card debt which together is about 20k at the moment, just fyi.I feel like this is a solid plan, but I'm not too big headed to admit that I don't know everything.

Considering that my parents and I are not Canadian citizens it adds an additional wrinkle to things as they or I are not able to claim this as the primary residence and avoid the capitol gains tax... a lot to consider and think about.

This keeps his 3% rate intact while allowing you to buy the home.

Purchase price: $360,000 Cash invested: $40,000 Purchased this single family home last year.

The whole project cost about $2000-$3,000.Since this project was simply replacing planter boxes and adding gravel to an already graveled area (I did change the layout)...

Hi all,I am newbie in RE investment and closing a 6 unit multifamily this Friday.

•I’d also ask: Does this area have ongoing flood control improvements?