A few due diligence thoughts in no particular order:Construction costs: I’m not familiar with BC, but at first blush the construction costs seem low to me (coming from New England).

Quote from @Austin Mountain: Tenants lie You can always tell...their lips are moving.

@Diana Mhuriro, this looks pretty good to me at first blush!

The floor bounces due to the fact the contractor cut corners on the LVL beams & water hydrostatically fills the crawl space & the after thought sump pump installed (after the floors were in) has a lip 4 inches above grade.

At first blush your cash situation looks like you might be able to pick up more than one replacement property.  

But, if you are into painful events, stretch your bottom lip over your forehead.

If your okay renting to someone with neon pink hair teardrop face tattoos and lips and nose covered in trinkets and fish hooks then go for it

Mike,At first blush $30k per door in metro Detroit in a C area sounds high as an asking price.

I call agents in the area of the subject property and they are tight lipped.

Your job is to find great deals with both sufficient equity and sufficient positive cash flow to create good security for your lender and yourself, and start flapping your lips so people know that you're an investor and you work with private lenders.