So the Mortgage includes the taxes and insurance. 

Realty Tax is about 18k a year insurance $7500 water sewer avg $16k utilities $8-9k.

Buy at a great price + location + good numbersRentals don't have to be rocket science.Figure rental rate based on like kind rented properties near by.Subtract: taxes, insurance, repair % (7.5%, but varies based on prop condition), vacancy (2 months), capex (5%, but varies based on prop condition/age), pm if using (8-10%).

That can work.I'm wondering if you can somehow creatively do this deal where you pay an extra $5000 for this new condo, but have $5000 held back by the seller for you to do some kind of upgrades, but then just use the $5000 to pay down your original condo so you can get to 80% LTV in order to drop the PMI insurance and refinance at a more realistic rate.Is that HOA monthly? 

Some properties had lower vacancy because they severely cut their screening standards to put heads in beds, but their units were full of concession surfers who would take the one month free deal, never pay, wait to be evicted, then repeat at the next property. 

I teach my clients to have all the expenses on auto withdrawal  ( mortgage payments, monthly assm, if needed: tax and insurance) and have the phone number of few handymen on speed dial.

Their asking 65,000Gas & Elec $99.00 month  Bath's updated.Mobil Home Insurance $500-700.00 mo.Can I get some feed back

CMHC high ratio mortgage insurance will cover up to 4-units (though the minimum downpayment required is larger for 3 & 4 unit properties, than for SFR or duplexes), provided you reside in one of the units.

Like insurance, regulatory fees, memberships, registration, etc.Thanks!

Basically the loan that was transferred to my property is a crappy, high interest loan through an insurance company.