The section 8 tenant was resigned for another year due to nature of the tenant.Roof and chimney was redone in 2009, new gutters installed.Plumbing was replaced in 2009 (main stack and drain)forced hot air furnaces for 1st and 2nd floors - 2004Electrice baseboard for 3rd floorall hot water heaters replaced within the last 6 yearsEveryone is up to date on rent, and he is willing to provide me with signed statements for verification.

I also am a licensed Realtor since 2012, but I mainly just list my own properties I've rehabbed.

My main one right now is buying tax liens and foreclosing on those that do no pay.

I am interested in flipping/lease options mainly.

And or very very few and mainly multi family sites..As a private lender/ hardmoney lender I have done these deals as JV's pref return % of profit.

My main take a ways are:1.

These are mainly rough estimate numbers, but they're close.....

If the property numbers work,CMHC will approve it.Is the guy you are talking about a former CMHC employee that now buys big apartment buildings as main business?

@Brianna S.We do have a few high rise units in the loop but we mainly invest in Dupage/Will county.

There is only so much that one can learn about real estate investing, which is only 1 one my main shows is about real estate.