Most of the time mold is simply: remove the soft materials, wipe down studs with some bleach, and replace.

They made a soft commitment, at my request and then followed up when everything was finished.

Some fellow landlords would call me soft and would bellow they run their rentals like a business and late rent = late fees, no exception and that if you give a tenant an inch they'll take a mile. 

I am building one in San Mateo and planning one in Hayward.Spending about 20k on soft cost in San Mateo, for 640 sf ADU.

Finally made the jump and just bought our first vacation rental.My longtime girlfriend and I emptied out the account and put 60k down on an amazing 300k vacation rental near Bass Lake and Yosemite National Park.By conservative estimates, it should cash flow over $1,000 a month after ALL expenses.As I am still learning on the fly here, I am most interested in the next steps in acquiring the next property (and the next, and the next).The house should appreciate some throughout the year, and it is nearly turnkey as it was wonderfully taken care of by a family for 40 years, so we won't be adding too much value with remodeling.My main question to the BP community is "What's the best options to finance our next purchase of a rental property?".

I would be shocked if it was that soft and easy to see coming. 

A neighborhood for $150k houses, you probably won't appraise at $225k with granite, soft close cabinets and awesome light fixtures.

Real Estate prices typically follow 1 -2 years behind oil and gas activity, so hopefully we'll see prices climbing again in a year or two.Our plan is to pick up as many cashflowing properties as we can while the market is down and soft, then re-fi when it improves and recycle the capital into more projects or possibly down into the states on larger deals.

I thought for sure Calgary will crash with 2 oil prices crashes since 2008 – the market is now described as “soft”.

I am also a bass fisherman.