It can be really hard to lock up your cash for that long (hence why it's appearling to sell).

Didn't have the full cash to lock it down and negotiated some creative financing with timed payments.How did you add value to the deal?

How would you lock it up?

I was hoping to get locked in off the get go with quality long term financing though so I don't have to worry about rates and prepayment expenses.If anyone can suggest a lender whom lends on sub $750k apartment loans, please let me know.

But if you are pretty diligent on seeing what is coming on the RMLS I am also finding better deals (in better locations) on there from time to time with the comfort of locking down a property in contract and being able to due ample due diligence.Looking forward to meeting up with folks in Vancouver and making new friends.

Both bathrooms can be locked from the inside.I was wondering if it is legal to rent this as a duplex or if it needs to be a single family?

The reasons that landlords in Maine have often achieved successful evictions include: non-payment of rent, substantial damage to the property, and changing the locks on the doors.

In our initial evaluation there was a land locked parcel included in the sale.

One of the benefits I liked most about this HELoC is that it offers you the ability to lock in a fixed rate 3x throughout the 10yr draw period.

Rental area Comps: $1,600.00/unit per month (some as high as 1800)Repairs: none needed to rent one side (windows must be replaced soon)As I see the numbers:Income: $3,200 (potential)Expenses: $1,163.00 (Vacancy, Taxes, Insurance, Maint etc.)Mortgage: $1,690.00 (plus/minus $50 since we haven't locked rates yet)We appreciate everyone's help and advice - we are very excited, but the ROI seems low for an investment, however, this will act as an entry into RE investment and allow us a place to live and collect some rental income simultaneously.