I did not discuss any loan terms with them, honestly after the year I had with them and the drama that was created, I wanted them gone.

After some "drama" I bought a place of my own about a year ago and that has influenced my investment philosophy.

What drama!

Honestly, the way you've positioned your question (I'm not trying to be harsh.), it seems like you're planning on just getting lucky or hoping someone will just hand you a secret, magic formula.

Clients).Even though the cash flow isn't anywhere as good in RE, it is much nicer and rewarding to call your own shots on the projects without the drama of corporate politics.

A rooming house works well when near a university as you can furnish them and cater to international students - but when your clientele are affordable housing patrons, you stand to have far more drama and administration than you care.If it is the property I found on MLS, the listing indicates the owner has carried out decades worth of renovations without permits.  

I'm sorry if this comes across as a little harsh and I don't mean to intimidate you or deter you from asking questions but this information is already all over this website so search before asking!

That's kind of harsh.

Not gonna lie I clicked on this wondering what disgruntled forum member was stirring up drama...

Less wear and tear and less drama.