I purchased a house in Edmonton that has a horizontal crack the entire length of one wall as well as at least one vertical crack.The work has been repaired but the seller never disclosed that the crack was there until after I ripped down some of the drywall and exposed the cracks.There is an engineers report that says that the wall has been repaired and has been restored to "structural adequacy".They installed an interior shoring wall of pressure treated 2x6's with staggered pressure treated blocking that is tied to the floor as well as the joists.I purchased the house with the intention of adding a second story.I am wondering if it will support the second story or whether there is more that I should do before I start building.The original foundations in the area are such that they should support a 2.5 or 3 story house without issue.

I am always at the WCRT events.See the sig block!

I have been around the block too many times where buyers say they have the funds but it's based on a Heloc and the appraisal comes down to low or they do not say they have the funds tied up in the sale of another property.

Also, make sure your tenants are not blocking the heat registers and cold air returns, or it will likely trip the safety and you will be getting the 2 a.m. call.We made sure our leases address the tenant responsibility in this regard after purchasing a new property and learning the hard way.

Be mentally and financially prepared for speed bumps, road blocks, riots, fires, eathquakes and floods.

Bottom up is incrementally building your business through adding building blocks over time.Pick something simple and make it work.

When we are showing an occupied properties we book a few blocks of time with the current tenants a week (say: Saturday afternoon between 13:00 & 16:00; Wednesday evening from 18:00 - 20:00).

(right now planning on buy and hold though) Also a block away is a condo complex renting 2 bedroom one baths for 1000 plus 275 a month for HOA.

I recently attended a seminar in Las Vegas hosted by Joel Block.

Lease ends June 2014$40k2 House pkg deal:(2) 3 br, 1 ba SFR (1 block, 1 brick)no rehab needed to my knowledge.