Bobby Nilsen just looked at the thread about the 4plex flip , really nice .

I must admit, I am struggling a little on this one.We already made an offer on the home and the counter was decent, still keeping us below initial asking price.The offer was with indication that we would be doing an independent home inspection, always a smart idea.At first visit to property, there was concern on the diagonal/zig zagging lines in the walls, the few gaping holes where the stairs meet the home – evidence that the staircases had at one point pulled away/separated from the home.This cracking is by no means just settling, my limited knowledge of home construction was telling me, this here was a structural issue.But wait….. there’s more!

https://www.canlii.org/en/on/onltb/Along with learning the RTA and visiting the LTB web site spend a few hours reading up on past LTB cases to get a better picture of the potential nightmare of being a Landlord in Ontario.

I suppose it may work if you have a burning desire to do it.my partner in my airplane is doing something similar in Oregon he started a tiny homes manufacturing company ( making his own) and he owns a nice chunk of properly zoned dirt in Oregon 10 acres .. its worth about 3 million as it sits.. but he is going to sell the tiny homes then do 50 year leases on the under lying dirt so in essence create his own park as it were.But he has the Dinero to follow his whims and social desires of creating affordable housing for the mass's. 

My biggest or most unusual problems were: abandoned vehicles, a person escaped from a mental institution, tenants with pet rattlesnakes that escaped their container, a round trip visit to the dentist for a wisdom tooth removal, a one way bus ticket from Kansas to Georgia, cashing $25,000 worth of checks each week for a group of guys from out of state, etc.  

Good luck though, it looks like a nice house.  

@Kimber Lockhart nice location.

A 3 bedroom property in very nice condition can command $1,000 rent from section 8 in just about any neighborhood. 

Im sure if you work your butt off you can make that place nice for 10k. 

Anyway nice to meet you all and I hope to interact more on BP...maybe even one day be on a podcast myself!