There are also annual coverage limits that cap the amount of repairs the warranty will cover on each system.2. 

A lot of times people underestimate these items, and even a paid off piece of real estate can go negative cash flow for a while if you have to complete redo a building system. 

We keep track of our 12 week goal with a point system and our 12 month goal is a bar graph that shows where we should be vs. where we are as we go forward.

You also need to pay the sentrilock system in your area in order to obtain access to the lockboxes used in your area.However, belonging to these organizations and being a "Realtor" is not required to maintain a license. 

It does put me in an....ethical dilemma, which maybe can be solved through proper disclosures, that if a house has been rehabbed...have the major mechanical systems, and capex been updated also?  

We went with electric in NE FL, AquaCool system.

As time goes you need to establish systems and processes for smooth transactions.

The bank that I'm working with for the HELOC is also looking into this to see if their systems pulled incorrect information.

Under MLI Select it said Purchase/refinanceOPTION A: 80% of units: maximum rent is ator below 30th percentile of rents (CMHC in thesubject market) for units of similar type (numberof bedrooms)OROPTION B: Project approved under otherhousing programs/initiatives (municipal, provincialor federal) that provide support for developmentof affordable housing such as capital grants,municipal concessions or expedited planningOROPTION C: Social housing projects with upto 5 years remaining on operating agreement:additional criteria applyNote: For all options, the affordability of designatedunits must be maintained for a minimum of 10 years.Affordable units are subject to provincially allowableannual rent increase or CPI.Pretty vague description and doesn't speak to the point system so i'm waiting to hear back for clarification.  

As a brand new investor, if you are to use Direct Mail, you need a response system if you can't answer the phone all the time.