Good or not there is still a need to keep it close to market if you don't want to keep it at market.

Usually investment properties will want a 20-30% down payment in addition to closing costs, so it's not going to be a good idea in your current state.

It's also close to Quebec/Montreal.

During the refi boom I had people cancel on their lender and switch with me after they had signed closing documents(this was during the 3 day right of rescission for the VA loan) you may incur costs such as the appraisal, but other than that you shouldn’t owe anything to the lender.

IE its a very bad idea to attempt rent by the room with close neighbors, or in a nicer HOA neighborhood where tenants are seen walking streets to the bus/mass transit.   

Will need you again when we close this one (well just before it) haha. 

For future projects, we set the closing date much further out to give us a chance to pull permits way before closing.

Don’t touch the money, get the QI step before you close.

. -  Low-income neighborhood (lots of section 8 tenants)- Very close to hospital and nearby highschool.

My main focus is really to reduce the number of closings (due to fees) and to pay the family member back for helping cover some previous work.