I would suggest reading up on the fundamentals of the REI craft in a book like Gary Keller's "Million Dollar Real Estate Investor" (and there are many more good ones out there but that's just the one I've read), and even a precursor book like "Rich Dad, Poor Dad" to get a firmer foundation of general financial acumen, and then once you get a general idea, strike out and buy a property. 

2.The CapRate is a fundamental way to measure two different properties ability to produce income relative to their cost. 

Cap rates are a function of demand, and the demand is affected by the underlying fundamentals.  

You can see my fundamental understanding is built upon your amazing posts!

Since this is a discussion forum for real estate investors and those who are either the business or wish to be, I'll offer this:Before becoming a lender, I'd certainly make sure I had bother a thorough understanding of real estate principals (fundamentals) as well as the laws concerning ending to individuals for your state.Of particular concern is if there's any chance the loan is secured by a 1-4 unit residential dwelling and used and occupied by the borrower.

Frank Roessler of Ashcroft believes that the main risk for the two latest deals are operational: that is, the fundamentals of the loan, the submarket, and the value-add opportunities are so propitious that the main risk is that they drop the ball.

Ask him to also email you those comps so you can drill in and look at them and see if one or two stick out as "most similar"  You can multiply that out by the subject sq ft and that should give you a really clear view on what MIGHT be attainable IF the market fundamentals are still the same.  

Most of the fundamentals are in the post. 

Spending 90 hours on BP would be a much better investment of your time than spending 90+ hours on a real estate fundamentals class ( plus it will cost you $300).

A proper market research and a belief that real estate investing in Canada still makes sense is very important to us before both of us take such fundamental steps.Can anyone advice where would you start in this situation?