Not too keen on having to pay for a secondary service one off so was trying to find options.  

I don't believe Boise is the right market at this time if looking for cash flow, but it is a gold mine for flipping/appreciation plays.In your example of 220k with 20% down I am showing -$30 cashflow with same numbers, and also wouldn't have any equity to tap for a HELOC.Sounds like you have a keen eye for the details, which I very much appreciate. 

You could put that on the line and try and assign the contract, but the seller is apparently (and smartly) keen to what you are up to.

I used to live in New Westminster so am somewhat familiar with the lower mainland, but that was also before I took a keen interest in investing. 

A final caveat, some commercial lenders aren't too keen on M2M leases, and there may be documentation in your loan docs regarding this.

Now I am keen to do the same business in USA. 

Although, from what I can tell, it is by no means easy, it is simple and profitable, if you do it right.It seems to take a keen eye, and a 10x magnifying glass.  

@Das Siva, @Aaron Mercer, @Simon Baker, @Deborah Tucker (can someone tag her I apparently don't have her as a colleague).Hey all of fellow Aussie's :)I just booked my tickets and will be visiting the great land down under this year from March 1st - March 9th.Anyone that's in Sydney and keen for a catch up, please drop me an email via my signature below.I'll be doing 3-4 days of meetings and spending the rest with family an friends.Haven't been home in over 3 years so really looking forward to the trip :)

At this  Time you're supposed to update the disclosure to reflect that finding   I would not be keen on the idea of a buyer bringing in somebody that's not being paid as a professional to make suggestions that may not be all that accurate.  

If you are keen on China or Hong Kong, please feel free to PM me.