@Cesar Escobar In my opinion, if credit is not a concern (i.e. you can qualify for a conventional loan if you want to) there are two main reasons to use a 203k loan:You require a construction budget, but aren't able to put 20%+ down to acquire a construction loan (or don't want to)This is a first time rehab and you want to take advantage of a professional consultantThe second option has much less impact than the first. 203k loans tend to be more expensive than their conventional counterparts.

Examples: Often mentioning section 8 or certain tax deferral laws or low DP mortgage packages that may not have equivalent counterparts in Montreal.

These different folks may have a whole different view on the value of the property than their foreclosure counterparts.

Local/Regional bank loans are relatively cheap when compared to their non-recourse counterparts.

I don't understand the MAC that much, but what I do understand I like better than the PC counterpart.

Execution In CounterpartsThis agreement may be executed in counterparts and by facsimile signatures.

Haven't you heard that women of our generation are out earning our male counterparts? 

You are throwing money away, you would be best off to standardise the rents.Bring all there rents to the same amount.

I have the renovations experience, though i'd probably have contractors do most of it since i travel (i.e. drywall or the counterpart for mobile homes, electrical, etc.)

You have already got a leg up on 99.6% of your college age counterparts by just finding this site and thinking the way you do.