If you're willing to travel and hour and a half and be hands on then you'll most likely accrue more equity in your deal when you have a successful renovation but you're trading your time.

Not all of them are sketchy, but about half.  

Quote from @David Robert: Quote from @Jaycee Greene: Quote from @David Robert: I recently became aware of a very cheap property (roughly half of after repair value) and upon looking at it in person I found out why it was so cheap: there is severe cigarette damage throughout the 1st floor (basement less so, but not entirely without damage); there is visible dripping tar on every wall and the smell is awful.

Of course, the smaller the property, the more necessary that you see every inch of it because there isn't a business running on top of the land like large-scale multifamily, self-storage, industrial, and more.

We are looking to make this post to start getting in contact with likeminded people in the areas of Calgary or Edmonton.To provide a little background, we purchased a half duplex 3 years ago in our hometown (Northern Ontario) at the age of 21.

Everything was hand typed, and xerox'd.Everything was closely guarded by real estate agents and their weekly published MLS listings in black and white.Gas lines were two hours long to get half a tank.We were told interest rates would never go below 6%, the current rate was 8%What did you have a question about?

I’m looking at a duplex and running half as STR and the other as mid-term for travel nurses.

The previous landlord only collected half month rent as deposit, and I would like to increase the deposit to standard one-month.

Chances are, half of the agents will stop calling after the first attempt... 90% of the agents will STOP calling after a week or 2... and so on...

My half of the monthly rent is around $1300 with utilities.