That person has hopefully been humbled, or is no longer affiliated with the company, and is ABSOLUTELY not representative of anybody I've encountered.  

Read through this site and look at your options.Good Luck make sure you always keep a paper trail of all encounters, notices, discussions, etc.  

In Saint John, you will encounter a few properties which, on the surface, may appear close to such a yield, but most, if not all, of them will be in areas you would be best served to avoid or the amount of renovation needed nears, or exceeds, the purchase price (we looked at a couple of these lately).Another thing you need to keep in mind, in contrast to the left coast, appreciation in most areas of the Maritimes (Halifax being the exception) will be modest to flat - investing in multi-unit residential properties down here is a cash-flow play.

Whether central air in a hot environment or a heating system in a cold environment, you most certainly can seal all penetrations {in practice, we've encountered very few contractors who seem able to do this}, insulate the ductwork and leave the mechanical unit to function in a space that is sufficiently warmer or cooler than the conditioned space to impact its performance. 

There was a sticker on the door claiming the the property was "abandoned."

I've encountered a lot of real estate agents who have the same story - 1.

One obstacle I am encountering, I can't find any information on how to get around it.

Unfortunately, the sheer number of issues I've encountered have been significantly higher than any property I've purchased with my own realtor, managed by my own PM.

Galveston county ordinance says if its on wheels you have to tow it every six months to get a sticker for it.

Has anyone else encountered this problem?