HOWEVER, once a regulatory scheme is in place, I am not in favor of people evading it.  

The OACIQ (l’Organisme d’autoréglementation du courtage immobilier du Québec) is a governing body that tries to make sure there is no illegal brokerage going on within the province of Quebec.Course                                                                                                TimeFonctions of a residential real estate broker                                     45 hoursCivil Law                                                                                            45 hoursBusiness law and other laws                                                            45 hoursLaw on brokerage                                                                             45 hoursArchitecture                                                                                       45 hoursEvaluating the market value of residential real estate                      45 hoursMortgage and real estate math                                                         45 hoursContracts                                                                                           75 hoursI have to admit these classes are all very interesting.

Hey @David T.As far as making sure you have legal and correct forms for anything real estate or property management including rental application forms, I would suggest using or at least checking your local state department of regulatory agencies to see what constituents a legitimate rental application, or you can print the form off the website.

Monday afternoon, finally sends me a written out email quote (actually in the body of the email, most likely from his iPhone) after I texted him again asking where the quote is. 

I'll wait for a CPA or perhaps a regulatory examiner to chime in.

.- They painted the body of the house taupe- They built a pergola the whole width of the porch and painted it and all the trim bright white (cheaper than extending the roof and it really takes the eye off the windows).It's the difference between night and day and I always wanted to do something like this.

Whatever the mind can conceive, the body can achieve.

But what happens when you graduate college, enter the pros, and can only hold up for a couple of years before your body breaks.

I deal in cash purchases, cashflow only, and in a very comfortable tenant environment, so can assume %90 tenanted at worst - as a result, very comfortable with 12-16% on the returns (net pre-tax, meaning all PM, insurance, body corp fees etc should already be included in this bottom line)

Uwe, it's like categories, breaking expenses down to electric bills, then electric bills per address.A car dealer would have expenses in the new car department, used cars, body shop, repair shop, parts department and the office.