You should only buy and control houses as if your broke.

MLS access is invaluable, and controlling your deals/submitting your own offers has to be amazing.

I want to invest in beach communities.  when I find a property, do the math with a 30-40% down, I barely cash flow, break even, but mostly will pay out of pocket.  Ways I try to cash flow is a higher down payment, but...

It seems that since property values are so high, and rents are so low (plus rent control), that cap rates and total ROI are SO LOW for Canadian properties.BiggerPockets logic points towards a 2% gross income / purchase price ratio, but that is nowhere to be found up here.Example: I have been looking at Hamilton Duplexes.Purchase price: ~$200-230kGross rent: ~$1800-2000 per monthOr approx. 0.87% gross rent / property value.

We do not follow the rules on this website (1%, 2% or 50%) but buy higher quality of houses and keep tight control of our costs.

"TIE IT UP" before someone else takes it so you are in control and then you have some time to figure out the situation and best path forward and can still get out of the deal if you have to.

The owner of a property has given me complete control over the property.

If a device overloaded the system such that the panels were damaged, there's a serious problem with your wiring.  

Dang it...it only does that on mobile devices, and I've deleted it an reloaded multiple times. 

The new developer self appointed himself as president of the HOA stating that since less then half (12 of 84) the units were sold he was to control the HOA.