We own two beach houses in ocean lakes and they average around 50-70k/ea depending on economy etc. you couldnt pay me to buy a condo in nmb or mb right now

Real estate : you could become good at advertising and marketing or simply asking people you know if they want to buy or sell: Any realtor will give you $1k to $5k depending on the price to get that buyer  or seller.

Depending on how much money you're willing to pay, it might make more financial sense to use another platform.

@Chris Kay it depends what level of renovation you are doing!

Depends on rhetoric vs reality.

Depending on the actual age of the property, at least some level of deferred maintenance is not uncommon.

new construction gets valued at a way higher premium. this is a false statement. new construction will always beat existing Very market dependent.

I've gotten deals and formed partnerships through some very unorthodox connections over the years.To answer your question, it will always depend on the specifics of the deal in front of me but in general I'd still prefer value-add.

Depending on your exact situation, you could likely get something closer to 7% and make these numbers work a little better.  

These are typically interest only and require a payment of 1-4 points up front depending on your area and the PML.