Next day I call, finally get an answer and she says "I read in the paper that there was a home invasion on that street, so I don't wan to move in".

Finally, I have a large stack of canned food and a swimming pool full of water in case of civil unrest/bird flu/other disaster.

I probably should have mentioned the necessary reserves and the potential exit strategies, but I wanted to stick to generic acquisition costs.

I'd like to inspect it with my property manager so we can get started timely with what needs to be done with the property to turn it over as quickly as possible once the eviction is finalized.

Finally, building codes have changed over time and some lots are too small to allow for bulding under the new building codes.

Finally after almost a year of searching we came across the upper level of a house with affordable rent (which allows us to save), spacious and comfortable; very challenging to find in Edmonton.

Finally, I would NEVER announce (or even imply) on an internet forum that you have $100K cash.

Recently, one that underwent foreclosure over a year ago was finally sold, and the other 7 month property sold this past month.

The later the job gets started and/or completed, the more money you will deduct from the final invoice.

Having a financial partner to put up 100% of all the acquisition, repairs, maintenance, reserves, and financial risk is a great asset for you.