Im from Edmonton, Canada and I have just recently closed on my 3 unit suite and want to keep my momentum going.

So, just like any other sale it allows them to require the mortgage be paid.However, it is very uncommon for them to do that as long as you keep paying the mortgage.

I have a great ISA , looking to keep her busy with convertible leads, thats a big reason I'm searching for a better lead source, even if they are 20-35% off the top;  there's barely any expired's in my market and the FSBO's are either toooo unrealistic with their pricing or if priced right they sell on their own due to lack of inventory.

Turns out he isn't ready to sell yet but may be soon so I told him if it's ok I'll keep mailing him and hopefully he'll let me know when he's ready.

I keep wondering about insurance, vacancy rates, if tenant selection is a bigger/ different factor, terms of the tenancy and differences in opex and capex? 

When you find those that are a good fit keep them!

If you have time, go visit some of the homes and secret-shop them to see how they compare to yours.I recommend looking at the market at least once a month for the rest of your life to keep an eye on things.

Keeping it classy!

But you do need to continue to make sure that you future rents will be cash flowing to keep your entire portfolio above the coverage ratio.

Hey bigger pocket fam,I’m working out my first deal that I’m excited about but the hurdles keep coming.