Most lenders require 6-12 months from acquisition seasoning before using the appraised current fair market value to calculate LTV.

Hi @Akintunde AboabaIf you want to reduce your risk of difficult tenants, choose a province with fair landlord-tenant laws, like Alberta, and not BC.

it is illegal to offer Less than fair market value of any property in the fire area that is less than what the value was as of Jan. 6 2025. 

As far as self managing, it’s fairly easy.

If the permanent financing will allow you to recover most of your initial investment and the fair market rent covers the principal, interest taxes, and insurance with cash left over, you have a BRRRR.

What would a fair cut of the profits be?

Quote from @Edreco Amosco Amosco Amos: Hello BP community,I am fairly new to real estate.

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

Price fair, don't get greedy, play the long game.

If the water bill is $100 a month, increase the price by 20% (or whatever you decide is fair) to compensate you for the time required to split and bill and to cover additional use when tenants squander the utility.