That two-day delay cost him a $40,000 payday.The Lesson: Don’t Let Time Kill Your DealsReal estate is a fast-paced industry, and time is the one resource you can’t afford to waste.

For a $1,500 SD, they would most likely ensure an amount close to $2,700.From my perspective, we should never move in a tenant who cannot afford their security deposit.

I have already had the pleasure of speaking with a few of you from Atlantic Canada here on bigger pockets. perhaps we can use this thread or create one to help with current issues problems or solutions to issues and challenges we face thoughts? 

In some markets you can afford to increase more and in some less.I raised my tenants rent by $15/m and they were ecstatic. 

Assuming these are in decent areas, this is the best solution.

Affordable price point and rents for more than 1% of purchase price How did you find this deal and how did you negotiate it?

The situation you are ultimately trying to avoid is the one where: the borrower defaults, you start foreclosure, the borrower fights the foreclosure and says they didn't understand the loan / could never afford to pay it / you didn't follow the consumer rules, etc, then the judge asks if you followed those rules and you can't show that.... 

My rents are high at $6300 per 3BR unit so I guess the risk is if economy goes south and no one can afford the high rents.     

BP is not an inexpensive place to market yourself with the Ad fee structure so agents and those that dont have large budgets could never afford it.. so the ( as its now called ) reverse trolling is the way these folks are trying to drum up bizz ?

Most of the easy "lipstick on a pig" transformations are gone - you're often looking at more serious rehabs to make the numbers work.That said, we do have some advantages: strong rental market (lots of students, young professionals), still relatively affordable deals, and good appreciation potential in many neighborhoods.