Lenders will want to see those funds deposited in a bank or other lending institution on one or two monthly statements.

You're investing in RE for long-term wealth, not a few hundred a month that can be wiped out with one CapEx item.

Client rents that house and makes 1k monthly profit, plus has a really good paying job.

Would you mind telling us what you spend per month on life? 

Hi Jack, there's a lot of old stock - I've traveled there and seen it myself, but word is out of Syracuse and it has shown up in various BP "lists" over the past 12 months as well.

We put together multifamily deals locally, and also run a monthly meetup group.

Let's talk,DanIve actually been looking into buying a condo myself as an investment, I have a few rules, needs to be with both good hoa management & relatively cheap fee (bellow $600 a month) needs to be in area where I’m not competing against other new construction apartments, needs to be an area where even townhomes are so expensive you are not competing, I.e. upper nw, nova, Bethesda etc. needs to be 1990’s or newer in most cases.

There are a number of real estate Meet ups monthly in Calgary market advertised on Eventbrite.

The key will be to set up terms so your monthly payment works.

Assuming your numbers are accurate, I'm estimating your monthly "rent" or your contribution to the monthly expenses will be about $2,000.