Our last purchase in the fund was a newly constructed 98 unit Built-to-Rent community with room for an additional 120 units, that we were able to get at a 6% cap rate (a significant discount to the market).Hope to buy a few more deals similar to this one in the fund. 

Of course it ignores the fact that several provinces have rent caps, so landlords can only increase rent when a tenant leaves and we have a turnover.

CAP rate (how many real actual dollars you put in your pocket every year) and wholesale (value of the property and wholesale value of the trailers). 

Again, evidence doesn't support your claim.And typing in all caps doesn't make your argument any more convincing.- The recommended property access method is a combo lock box for which you can provide the access code when the Appraiser first contacts you.Yes, if my job were to do exactly what you wanted me to do, then I agree that this is recommended.

Is it taking away your time, are you looking to minimize cap gains?

Investment Strategy:Buy and HoldInvesting herebecause: Potential to Appreciate in Long Term (10yrs+), want to build NetWorth, Affordable in my budgetYear 1 Evaluation: Gross Monthly Rental Income = $2,042.50 Monthly Cashflow = -$76.05 GRM = 12.79 Cap Rate = 5.12% CoC ROI = -1.11%Hoping that theinterest rates go down so that the monthly cashflow becomes +ve.

My current 90 home project in Oregon was like that Farmer owned it for decades And when we bought it for 7. 2 mil cash they did not even do a 1031 just paid their cap gain and called it a day.www.ivyridgeestatescanby.com  is the project and its been a winner.. albeit a few years behind schedule with pandemic and lumber and every other impediment.. ( could not get garage doors for a while :)  ) So hopefully if anyone actually reads this and has interest they will see the benefit of learning how to go into the cities look at long range planning get to know the long range planners identify movement we can all do it as small investors we do not have to be big corporations 

You will have basically no maintenance/repairs/cap-ex for at least long enough for you to raise the rent and even refinance.

If you are in fact referring to gross rents, then yes you can get gross rents well above that but after all expenses, includeing debt service, PM, maint, cap ex reserves etc, a good deal is about $100 - $200 a door in pure cashflow. 

Or if the intention is to long term buy and hold but those plans change and the property is sold after 11 months, is still long term cap gains (if there are any cap gains, probably not in this case unless improvements were made)?