The equivalent would be someone on BP thinking they could take $2 million and buy a tech company....and make money without any time commitment.

I also thought, and it proved to be correct, that once fixed and cleaned up with bright new paint, older rental houses would command about the same rents as equivalent sized newer houses.Good luck.Fixer Jay DeCima

What is the Canadian equivalent to a schedule E?

If your contractor has been very well vetted and is willing to put up cash or the equivalent in materials and labor - well maybe.Have a contractor as a partner is NOT really CREATIVE FINANCING!

If you get $1 million and invest it at 10% return (which is VERY HARD) that's the equivalent of a $100K a year job. 

I'm not in the market to spend the equivalent of an investing career to be on the cusp of what really is nothing tangible.

Even if it was wrong the point was about the median not being equivalent to the majority, nothing really to due with the data.Originally posted by Dion DePaoli:Thank you though, I am well aware of what a weighted average is and use it on a daily basis.

If the $500 is really going to impact your bottom line enough that you're willing to work hard to get around it, why don't you just lower the offer price by $500 (or whatever the present value equivalent is) to begin with?

A square is equivalent to 100 square feet (so, it's easy to convert the price).The cost for roofing will vary tremendously based on area, climate, contractor, type of house, type of roofing, etc.

That's equivalent to 7% annual price appreciation and that's just not going to happen unless there is some specific, local driver.Even two decades from now it MIGHT be worth $480K.