Thank you in advancehttps://www.zillow.com/homedetails/1541-Lower-English-Creek-...This is an easy one to figure outFirst, let me say the property and improvements look beautiful - you did a great job.Cap rates are determined as PASSIVE investments - so AFTER property management fees.  

I have a background in finance for deal analysis/keeping finances in order.

Perhaps you could share your LinkedIn profile showing your business background, or even photos of yourself at land investing meetups or events you've attended as an independent investor?

Also would need more background/history on Mike the Builder.

Quote from @Laura Morlock: I have an opportunity to purchase a very beautiful and unique property - striking century manor house directly on the river, 1.5 acres, huge detached garage/workshop, in a quaint little town 15 mins to two major cities and a little under an hour west of Toronto.I know the property inside and out, it's turnkey, and I would love to own it, but I don't know what to do with it.

If they're like the other relocation companies, you can ask to background check the tenants.

So do a background/credit check, get a full application, paystubs (Call to verify), former landlords phone #s (Call to verify), and other information.

This is specific to this, I have the detailed 411 on this, including full background on seller, why selling, how things have gone, maintenance history and recent updates/upgrades such as the newer roof, HVAC etc etc etc... 

But I will say that as much as I love his background, I wasn’t sold on the course.

It's also worth noting that, given my community development background, the intent is to help them refi into traditional financing after they've established a payment history.