It the tenant takes the option at the higher price you make the spread between the prices, less costs of your transactions.The option may then expire and your subject to conditions then expire as well.I suggest you closely examine the option.

Once you've established a relationship with a contractor, he might be willing to do a quick walk-through and give you a ballpark, but doing a real rehab estimate takes time, and even there, there are a lot of things you cant discover about a house in even an hour or two of examining it.Also, just a note...if you call a reputable contractor like me, get realistic advice, take up hours of their time, then hire a couple of no-overhead guys working out of their truck because they're 10% cheaper and made a bunch of promises they'll never keep....well, karma knows you did that ****. :)

Another inspector came out to examine the finished project.

@Julie Doke  lender was asking for an Alta policy... title company that has to insure boundrys with an alta policy... lot and block they take the risk on but if a title examiner had questions they could ask for the property to be surveyed in order to issue the alta policyIN my lending days I ALWAYS required an Alta policy but it was rare that the title insurer requested a survey unless it was a multi million dollar transaction or loan that they were insuring.

Since then, I was a submariner in the US Navy, worked for the State Department, and now I am working for the State of Texas as a bank examiner. 

First let's examine the primary difference between condos and co-ops. 

While it is technically true your brokers and attorney could be anywhere in the province, you probably want a real estate agent who knows the area in which you are going to invest - additionally, most {residential} agents are not going to drive from one City to another to view properties.Miramichi is a scenic area of the province, spend a little time examining the local economy and its level of dependency on singular industries / government agencies.

If you're interested in brokerage, California has a cool program where if you major/study real estate in college you can take your broker's exam in lieu of the 2/3 year salesperson requirement.

I looked at an SFR in southeast Wisconsin that superficially looked like a good deal, but on further examination the structure itself appears to be a "prefab" house, i.e. the type of house that was built in a factory somewhere and then trucked to its final location for assembly and installation of mechanical systems.  

I have not examined the sellers mortgage yet but I'm sure there will be a due on sale clause.