@Richard Hernandez I didnt notice that @Marcus Auerbach threw some numbers out, his numbers are on the high side for Worst case scenarios.

Worst case find a percentage that works that allows you to still cash flow.

Of course listen to the kids but do not let them drive your decision.Kids can be more conservative and resistant to change than the worst adult.

They’re the worst.

My house is not the worst on the block, but I'm working on making improvements to get up to par.  

I don’t have no income because I’m in college and didn’t start working , but I am a licensed real estate agent who want to specialize in distress properties, I started reading a lot but it just made things worst!

I don’t have no income because I’m in college and didn’t start working , but I am a licensed real estate agent who want to specialize in distress properties, I started reading a lot but it just made things worst!

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $200,000

Cash invested: $186,000

Terrible project. Everything we opened up was a can of worms. But once you have it...

Most people appreciate the knowledge & education I provide when crushing said dreams but some get all bent out of shape & just want to hear all the rahhh rahhh rahhhh crap which is at best useless & at worst dangerous as you mentioned.

I think Wholesaling doesn't work when there is high demand on houses like GTA, as there is always line of buyers even for the worst properties.