I make sure I screen each potential tenant thoroughly (background and credit checks) and require references.

I personally think it is best to work with local professionals with a good track record. 

I personally have not heard of the website that you came across.

Others may have personal experience to share.

I spend roughly $120k on my renovations, but this is for the entire property and developing the secondary suite which certainly costs more (2 new furnaces, all new plumbing, new kitchens and bathrooms with tiled floors and showers).All said and done, I personally love it.

I know one person that did this recently and was able to negotiate no money down and 12% over 5 years but this was probably in the mid west.

Bank Credit Line How did you add value to the deal?

Hey Makani, you should check out DSCR loans, which are primarily for investment properties and focus on the property’s income potential rather than your personal income.

I personally find it ridiculous.

I personally hate them and think they are little more dust magnets but will add some if crucial. :)