You will attract better tenents and your property  value will appreciate. everything will cashflow depending on how much money you use as your down payment, however using only 20%, you will need to look outside the Gta Try looking at Peterborough,  London, Kingston or Brantford. 

Hello everyone and happy new yearI’m going over a single family brrrr and wanted to get your opinion on the refinance part as that’s what I’m analysing.I would be leaving roughly 14-18k in the deal and after paying expenses which include the following ( management, %4 vacancy, 4% maintenance, insurance, property tax, income tax) I would be left cash flowing $250-270. probably not attractive for the seasoned investors but for me it’s pretty decent?

All these places are close to the L and each neighborhood has their own attractions.

However I think that the cash flow numbers on paper can at times look so attractive that we forget about the fundamentals of the property and clientele that will be living there. 

My wife though is a high producing broker who closed 28 million last year but she has no time for BP LOL.. anyway carry on.. but dont put me in the Broker box. 

Well that's large enough to attract a wide variety of people IMO.

What would attract you to said person?    

My additional thoughts:-If you rent out one unit, what does the house produce? 

Looking at a potential investment property in the Poconos, PA (Arrowhead Lake), the price and the location are attractive, the seller disclosed there is a mold issue in the basement.

Hello, so I have been interested in real estate for some time now and always wanted to get into it as I love property and would like to help others get affordable housing at the same time the cash flow opportunities attracts me.