0 Chance.Cmon, pay for insurance or just don't own real estate.Trying to gain an extra 2-3% ROI and risk your entire principal is just stupid.Don't be cheap, get insurance.

China is natural resource poor and dependent on the rest of the world to fill that void, and with cheap labor drying up they will lose some ground on the manufacturing side. 

If I'm the buyer and I know you didn't do this work, then what else did you cheap out on?

For example I understand your brother is in charge of maintenance, but what if he wants to go super cheap on something that breaks later on and it cost more money.

Mid term and STR is a good option but you will have to furnish it, and do not go on the cheap route from IKEA or something that will break and you will have to replace it again anyway.  

Calvin Lee,You won't really find a 7 cap Dollar General in a strong suburban to urban core location unless limited years remaining on primary lease term and mostly cash deals or very small financing.The brand new Dollar Generals with upgraded construction all around in strong suburban to urban core areas tend to sell for 5.75 to 6.4 caps with new leases in place.The 7 cap new Dollar Generals tend to be in crap areas weak suburban to rural and cheap construction and many times on septic systems instead of county or city sewer.Every once in awhile in a strong location there might be a 7 cap with 10 years left on a high end Dollar General at 3 million in price or up.These have no rental increases in primary lease term so year over year your income dollar becomes worth less and less.

Good reviews on work.b) Cheap contractor - wants $1,500 for the same work. 

As I grew, my structure became more complicated.Anyone can create a cheap LLC. 

Then I plan on going back to my portfolio lender with 2 town homes and a duplex free and clear to pledge as collateral for around $600,000 in financing so I can go buy some more real estate.If you know what you are doing, this can be a very cheap and convenient source of short term capital.

There are a decent number of VTB's in Winnipeg but it is typically for very cheap properties and/or properties that won't sell. 99% of agents have no clue what they are or how to negotiate the terms of a VTB.Most sellers need the cash for either there next home or retirement so your best chance of finding seller financing options are for buying properties already owned by investors