For subsequent owner occupant purchases, we typically model it with 5% for each of those.

The last BP podcast on "modeling" the guest speaker talks about this, so that is a  very good point to remember.

@Bryan Hancock brings up some great points, I would say that a "typical" asset mgmt fee would run 1-3% of gross rents.  3% if it is a steep value add (in theory would require more mgmt oversight) Also, what I have found with many value add plays is that our larger investors much rather prefer to use more of the banks money via bridge loans, being that we like to have a quick turn around this fits well with our model....  

So it fit my model for getting a great deal but not some folks' criteria..

I've been waiting for a Canadian to give me a coherent business model on wholesaling, because I might just want to be a buyer someday. 

Aloha gang! Just wanted to give a quick shout out to the BP community which I've been a huge fan of. I've been a passive onlooker for awhile now (browsing forums/reading articles) and am excited to learn and share mor...

That cost increase can vary dramatically depending on the brand and model of your load centre / breaker panel.   20amp GFCI breakers can be as much as $75- $80.

As a business model it's pretty unique.

My goal is a little too big to admit at this stage as an aspiring investors.

Re modelling properties is fraught with danger even for the most experienced operators.