Looking to connect with other investors in Ontario or other provinces to gain a better understating of cities/regions outside of my realm of knowledge with future growth and potential. 

I specifically chose duplexes because of the zoning, AND If I were to have built anything higher than a three family (tri-plex) I would have then fallen under state code which gets insanely more expensive and complicated.

Seems like most are understating the expenses. 

@Michael Zagorsky  I don't think wholesalers really care were the buyer comes from.your job is to weed out the flakes that try to wholesale deals. you must look at wholesalers simply as brokers and some are notorious for giving totally puffed up values and understating rehab.. its Caveat Emptor to the second power...

@Ed Matson I appreciate the insight on your property's operating performance and it really sheds light on the understated expenses on the current deal I am analyzing.

And I don't mean to understate the importance of knowing your market well, even if it is not smoking hot!

Also, if he isn't including those figures, chances are, he didn't include, or understated his Maintenance and repair, Lawn and landscaping, pest control... all because "I do it myself". 

Sometimes. prospective tenants will understate the size of their dog and will not be forthright about the breed.

I would say the seller/listing agent is greatly understating the expenses of operating this rental. $2k just doesn't make any sense.

In my area once you start building 3 units or higher you fall under state building codes, sprinklers etc which makes it less feasible for us.