You need to find a good environmental consultant in your area to inspect that 1955 building for asbestos and lead-based paint.

Throw unit occupancy in there for budget and understanding purposes which also will lead to indications of the stability of the purchase price and ownership type ratios.Ethan points out some less controllable events.

My husband grew up in Edmonton so these leads might come in handy for some family members still there.

Comparable homes lead me to believe it's worth 2- 3 million in this market.

Copper coated lead is my metal of choice.

Acquiring real estate this way is a numbers game, but if you can get thousands (or even tens of thousands) of marketing pieces to potentially motivated sellers, you'll get some great leads that turn into big bucks;2.

It could simply be that one of the short sale buyers had enough lead time to get the money together.On the other hand, it's annoying to think that someone gets to the front of the line by being dishonest, and every body involved looks the other way.

And they're somewhat state specific because of certain statutes, such as CO detector requirements, lead paint disclosures, maximum time security deposit can be held, etc.

What would you suggest I look for in a lead that would work?

This might lead to a deal, you never know.