So theres no rushUntil Oil supplys begin to steady themselves I would stay out of Western Canada, I know southern Ontario is starting to see some more growth in our manufacturing since the drop (crazy amount of help wanted signs right now as most factories) but Ontario is tough for cash flow, Eastern Canada I know little about.

The main factor is the TIME involved.

I wasn't able to tell him about the upgrades, so that may have played a factor. I

Over 18% is high. 12-15 I'd say is average but some buildings are more efficient and the load factor is less. 2.

The fear factor is that those costs can easily equal or exceed what you'd pay a 6% broker.

Dory,I would argue that your risk factor is not reduced by a synidaction, just that you personally had only a percentage of ownership and therefore a percentage of the same risk.Reducing and eliminating risk is not done by spreading over Geography (in my opinion) or spreading between multiple parties, but in doing your homework on the specific investment and that specific area.In short, if the risk factor for a specific investment was 100 for simplicity's sake, and you formed a synidcation between 5 investors, each investor would have 20 ponits in risk factor, but the total risk factor did not go down, you put in 20% and therefore have 20% of the risk, which calculated by your money invested is still the same if you bought the whole thing yourself.

There is one core factor I am trying to figure out as I found a dispute in view points in these books.

As I look at this deal, seems like a solid investment, but then again, the one factor I do not have at the moment is vacancy rate and repairs that are needed.

Not every B class city is the same in Indiana, however.In cities without large factories or colleges, your units will be purchased for much less, but sit empty much longer.

Bubb,"Modular home" and "trailer park" are mutually exclusive, unless you mean a house built on a foundation on a lot adjoining or appurtenant to a trailer park, as in the on-site manager's house.A modular house is stick-built in a factory in sections and the sections are assembled on a traditional foundation at the home site."