Planting a yard sign is a great idea if your objective is to alert and alienate an owner or their family but not appropriate for most situations.Road kill (and dead oar fish) might be easy to find but not good for eating.

To answer your question though, if I had 400k in cash to spend I would look into either B-/C+ small retail center on high traffic / high density areas next within a vicinity to a big box retail center (some place that might have an pho eating spot, mini-mart, whatever – I find these typically stay full and aren’t hard to lease because you can afford to keep rents slightly below market).

When I have to do this kind of treatment, I do multiple doses of enzymes over several days to let the enzymes penetrate the wood and eat the bad bacteria.

They do have unique problems that can occur and there are specific things to watch out for.You really need to nail down your numbers on repair costs because that is where it might eat up your money.

So that takes a pressure off, and from there just start saving everything you make from renting it out for a while and that will create a nice nest egg for future repairs.

But, I certainly see the duties owing to the client including keeping them out of trouble, free of some mess, avoiding delays and eating up time on the market where a seller can not perform, not to mention the waste of advertising efforts and money with something they can't sell!

Rehabbing is tough in the market because we have both the ON Land Transfer Tax and the Toronto Land Transfer tax...really eats into potential profits.

A $5000 roof will eat 4+ years of your current estimate and that assumes nothing else breaks along the way.

I just don't understand why someone who is used to spending that much per year and makes that much is considering retirement, especially without a nest egg to support the lifestyle.

Yes, it sounds like a double standard, but it's really just about protecting my (and my client's) interests -- I like to have my cake and eat it too