Live in while renovating and renting out at the same time might be challenging. 3.

The neighborhood definitely is one of the more challenging to understand with more nuance than most Philly neighborhoods but those who understand the neighborhood have also faired well.  

This doesn’t necessarily make it a bad investment, but you should be prepared for the challenges that can come with managing properties in this type of area.

Challenges and Lessons Learned: For those who have experience in multi-family investing in Edmonton, what challenges did you face, and how did you overcome them?

But with that comes some challenges in getting through their record keeping to get to an actual and true P/L to start evaluating the CAP. 

Just be prepared for the added challenges that come with the territory.Happy to answer any specific questions you might have!

Even if you find a 10% down program, having reserves will still improve your chances of approval.While the market is a bit more challenging for jumbo loans with lower down payments right now, it’s definitely worth exploring different lenders.

Coming in without a team built on 50+ units will be a big challenge.

Rents probably decent, but maybe some occupancy or payment/collection challenges I would expect. 

Watch his 40 day challenge.