And I do plan on running numbers and not relying on the realtor to tell me whats a good deal.

Do not rely on it for legal advice.

That’s the nature of big investments that rely on major variables that are out of your hands.

@Oliver Davis I thought you meant having builders risk as opposed to having no insurance, relying solely on your gc’s insurance.  

@Lane Kawaoka $3k-$5k on a $3mm-$5mm property is extremely low, I'd be wary of such a study as it likely relies heavily on statistical sampling or computer modeling.

If it were a multi-family you could at least rely on the other units income.But it is completely up to you and whatever you feel is going to get you to where you want to be.

I used to rely on my long term 1 year lease tenants but recently they’ve been complaining they need repairs now but nobody’s ever home to let in the repair man.To rent it yourself - Post on Zillow, Craiglist and Facebook Marketplace, Facebook Yardsale, Student Offcampus Housing Pages, Church/community pages, your furnished rental with great pictures and lots of keywords.

Do not rely on it for legal advice.

Our RTA and LTB are extremely pro tennat so you must avoid having to rely on the system to protect you from bad tenants.

Do not rely on it for legal advice.