according to my attorney who used to represent banks in foreclosures/short sales, the "real" reason a lot of short sales, don't occur is because the department that handles "short sales" doesn't want to take the write down. 

Timing is unknowable and new development might never occur.  

This usually occurs during the month of August"

The market is far too efficient for that to occur on a frequent basis.Even if you get the deal of a lifetime, you need to know which renovations to make and which to skip.

The market is far too efficient for that to occur on a frequent basis.Even if you get the deal of a lifetime, you need to know which renovations to make and which to skip.

It keeps down the mental drain from constant decision making, keeps you out of situations where you accept terms where you end up second guessing yourself, it keeps lease renewals occurring at opportune seasonal time periods and it properly manages turnover.  

There is no documentation about the move-in condition of the unit so I will most likely have to give all of her security deposit back unless there is something significantly damaged that I can document as occuring post-acquisition.(3) I'm not keen on painting the apartment while occupied because if I am going to invest that cost, I will want paint prep done to improve the quality of that investment over time.  

But GTA people are starting to come to SW Ontario and cause bidding wars which traditionally doesn't occur out here. 

The only really biting restriction is when there is a school aged minor in which case the eviction can occur only in the summer break!

Be sure to charge for damages as they occur or as you discover them.