You could call a local appraiser and ask how he or she would approach such a property, which would probably be your best bet.

Again, I don't mind working the system for free money, but it's really poor form to do something like that without telling the other person involved.

I have seen a bunch in Dorchester, I have also seen in other places like Malden a half a mile to the train - seems like a good bet?

He suggested a Partnership called "Tenants in Common" as a way that you keep control no matter what you contribute on a property's price and have different agreements with all Partners regardless of their percentage of their contribution of the purchase price.Whatever you do just be careful, understand it, and feel good about the Partnership or anything put in writing that's a business liability of your personal involvement or responsibility whether it's monetary or not.Good luck to you!

It involves setting up a shell company whereby you buy shares with your RRSP which then invests in US real estate. 

  $800 excavator and operator, $400 oil "disposal" (likely involving them reselling at a profit). 

Hi BP community,So i found a property off market and the owner would like to sell without having agents involved (due to commission, etc) What are some of the things I should look at?

I personally couldn't manage a home that was more than about an hour away, this is partially because I'm very hands on, and would be involved with any repairs/modifications.

But a lot of that involves a business decision more so than a legal decision. 

The early termination fee, from other Property Management leases and forums that I reviewed is to 1) discourage a tenant from breaking the lease early in the first place but financially 2) cover the costs of advertising, showing the unit, etc involved with re-leasing the unit.