Hi Account Closed, when talking about multifamily in Calgary, are you referring to duplex, triplex, fourplex or larger commercial multifamily?

I'm also considering Legal Zoom for the LLC portion -- and I understand they may also be able to assist with the operating agreement.I'd also welcome any recommendations on accountants too. 

Once you have a short list, get an account with each one and run them through the wringer to see how they really function.

This usually involves hiring a snow removal service or having a clear policy for who is responsible for clearing snow.### Heating and Air Conditioning Common AreasFor a property like yours with a hallway, staircase, and basement laundry area, it's not always necessary to heat or air condition these common areas.

Steps involved:1.

This may not be a worthwhile pursuit if you don't fall under that category because there is some added risk involved.4.

Did you ever have to get a lawyer involved or did it not go that far?

Yes, getting sued is a risk factor and I've been involved with frivolous lawsuits which are not fun, but in my opinion you'd be in a much better spot owning a property in your personal name that let's you keep an extra 10-20% of the purchase price in your pocket as emergency funds, as opposed to buying the loan under an LLC that requires every last penny you might have to make the higher down payment, then you have to operate on a shoestring.

Does it go down like a traditional mortgage (funds requested at closing, checks written, etc), or do they hand over the funds to your account beforehand so you can put the money up as if it is cash?

Steps 2 & 3 would be the main contributions of a Civil Engineer who is involved.