Hello @Wendy BlackMainly we will be looking for Multi Units.  4-8 unit buildings depending on the numbers.We really need to know the different areas in Phoenix that would be best to acquire properties.We are looking for properties that would have 1%-2% Rules, Cap Rates around 6%.  

In a hot British Columbia market in the Fraser Valley of beautiful BC - what filters/rule of thumb should we consider when consider purchasing four older homes (tear down and build a good size 4-6 story apartment)?

At least if they do find out you have an illegal unit, you can offer your alteration as a possible solution and claim ignorance, vs blatantly ignoring today's rules to put in something equally illegal.

I interpret this data to mean that Cumberland is undervalued, given all the improvements that will finish in the next 5 years.In Cumberland, they're constructing more highway lanes, more road lanes, Google Fiber, more apartment buildings, more office buildings, a big live/work/play (The Battery Atlanta), and last, but not least, an iFly.

I don't need friends who just want to cry on my shoulder but won't lift a finger or change their attitude to improve their situation.

What are your thoughts and general rules on large amounts of mold?

Look up the 50% rule, 2% rule, NOI, CoCROI, and cap rate.

After you close on an improved property, get an insurance policy that will protect you if there is a covered loss.The harder you work, the better you will probably do.  

i was wondering about the 50% rule and 2% (test) if it works on Apartments to?

@Joe Villeneuve I don't think that is a feasible rule.