I am looking for 3/2 SFR 1,200 sq. ft. and up requiring less than 10k to fix up and meeting the 1% rule (minimum).

Gross rent is $1450 per month ($625 for one unit/$825 for the other).Taxes: $1280Insurance: $1400Operating expenses: $725 (Accounting for 50% of rent)Mortgage380PMI0Insurance116Taxes106Vacancy35Maintenance725Total Expense$1,362IncomeMonthly Rent$1,450Annual Rent$17,400Cash FlowMonthly Cash Flow$88Annual Cash Flow$1,056I understand that most target $100 per door, and that would be my goal as well.

I'd probably offer a nice round number, probably $50.

Get several and 10X your marketing reach without killing your budget.At the moment Asirvia has their beacon priced 50% off, I'm not sure when that will change but those who join now will be grandfathered in at the current prices.Speaking of which... they start at only $25 a month...

@Jordan Moorhead$50-$100 each.

Kev Kevin:We'll see if we can get @Thomas S. here to provide guidance on navigating Ontario's LTB to save you time, money and some degree of frustration.However, the general rule of one lease, one payment applies here.  

About this time of year (August - September) I turn down about 50 of those.When I have open time on my calendar, which rarely happens, I sometimes drop my AirBNB rates last minute and fill my rental for the weekend.However, I'm curious about a couple of things you mentioned regarding VRBO:"They now have pricing tools and other analytic that show competitors pricing with graphs and charts."

@Corbin Wafford - you are correct that anything under 5 units is valued based on local comps.That said, I always ignore this rule and I base my MAO as if I were buying a commercial property.

I'm going into this with my father 50/50 so we will both split the extra 300 per month until we can raise rents.  

I have a duplex that am trying to follow BRRRR strategy but running into this lending rule hurdle for a conventional refi for the long term hold.