@brian gibbsons What I meant was Is it a good idea for mortgage brokers to do a direct mailing campaign to find fresh leads?

From my manager's perspective, delays in placing tenants meant delays in getting paid.

I have looked into using that strategy as well.I don't believe we meant at the last meetup, but I look forward to talking with you at the next one!

We had about $7k, and with the first time home buyer program in Ontario, that meant we only needed to put 5% down for a home.  

@Jon Holdman Sorry, I meant to calculate the cash inflow in the year of sale for IRR. 

In more detail, this is what he meant: Frequently on MLS or on the Tax Assessor Record or on Zillow or where ever, you will see a property listed as a 3 unit when it can only legally be used as a 2 unit. 

Honestly, I hadn't even read up on what the technical/legal term squatter meant and just used it to describe this person generically.

These were tenants who would have been going into their 3rd year, on average.I was able to raise the rents on all those units by $100 a month, but of course that meant turnover costs for all but one and about a month vacancy each.This week, I had a tenant going on his 3rd year who agreed to his first increase ($50), and a another starting the 2nd year, also with a $50 increase.

Charlie LeDuff is a total celebrity around here, and for good reason -- he does amazing stuff.Michigan recently passed a few laws meant to expedite evictions and increase punishments for squatters.

I meant that if we use a written document rehashing what was discussed along with the seller deeding the property away, they're going to be in a weakened position.