This would be the second of the month not when late fees are triggered.

I’ve been concentrating on figuring out what areas of Cape to concentrate on prior to pulling the trigger on something.

I have friends that live there with their families but cant pull the trigger on buying a rental there. 

You’ll most likely have many conversations before you pull the trigger on your first deal.

Might help you pull he trigger quicker when you are starting to make offers.

On top of this, you need to be able to determine if a property is a good deal, and you then need to pull the trigger immediately or someone else will grab it.

I have been lurking on these forums for a bit, gaining knowledge and finally decided to pull the trigger. 

Once you pull the trigger on a primary residence, you're contractually obligated to live in the property for however long you're obligated to live in it, whether it was a plan a or b. 

@Wayne GriffinDid you ever pull the trigger on this?

@Jessica Chow Congrats on the rental, pulling the trigger on the first one is challenging.Do you have an estoppel agreement from the tenant and have you compared that to the lease provided by the current owner along with whatever background info they collected from the application?