@Davon LoweryI learned in Tallahassee, Florida that it is a buyers choice on which title company to use.

As Albert Einstein once said "It's not that I'm smart.

If she's willing to sell for only $125k:Initial Rate of Return - before taking repair costs and other expenses (PITI, management, etc.) into consideration of the purchase priceIRR = (12 x 1400) / 125,000IRR = 13.44%Even though that's a good number for the initial rate of return, a smart investor is going to take the expenses into consideration in order to determine whether or not it would be a good Return On Investment.

Fortunately Canadians are smart enough not to make RICO level mortgage origination fraud legal (unlike your southern neighbors here in the US) so a collapse brought on by mortgage rates resetting on borrowers who had no business getting a mortgage in the first place is very unlikely.On the other hand with mortgage rates below 3% and most Canadian mortgages being short term (compared to a 30 year in the US at least) if rates rose significantly a lot of folks might have a hard time affording the new payment when the loan was due to roll over.

I'm all about working smart not hard but if there is no real benefit to a process then why do it?

I know the different types of investing and have chosen my niche, which is of course (wholesaling), being the reason of choice strictly from financial lacking.

I know the different types of investing and have chosen my niche, which is of course (wholesaling), being the reason of choice strictly from financial lacking.

Let's not try to out smart the system with personal logic.

However, in some historic districts you have no choice but to replace with original materials; you should make sure this doesn't apply to your situation.  

I think she might be smart enough to keep paying until she moved out - will see after Mon.