They have a document you can sign so that you can use the physical address and you PO box number like a unit or suite number. 

The 1% rule went into effect at the end of last year (2015), so that may have something to do with it as well.Best,Sean

All of this case law could be applied (at the Federal level) in considering what constitutes an unacceptable delinquency rate for loans made on primary residences if the courts agree.Any operator, no matter how small, should be prepared to defend their delinquency rates, and to work smarter and more effectively at decreasing them.

That can be alleviated obviously with say a whole commercial building with multiple suites, much the same with a multi family home spreads that risk out over a number of units.

There are way more investments out there that can generate and compound money more effectively.

I can give a second look at it if you want, I have my own crew and system that can go in and out apt cost effectively we manage 600+ units all over the city so i can give you good idea of rent comps. 

hahI read this article today (January home sales give rise to correction concerns) discussing market correction in the near future for Toronto and Vancouver, given that now even the condo market is seeing double digit growth month after month, without a shortage of supply unlike in home prices.My question is: Is there a way to estimate or calculate the ripple effect of that correction to the surrounding markets?

Probably would suit me though to get in touch with an REO listing agent that when things do hit the market I can talk to them about it.Thanks again.

@Ayodeji Kuponiyi do you find that you are able to effectively apply your plan in Philly?  

She states "there is a clause that can be in effect that helps with the potential nightmare this could be, however I have never reviewed one".I've read otherwise; where the tenant can be reported to their social worker which then makes them responsible for handling these repairs themselves.Can anyone point me in the right direction to get the correct verbage to make this the tenant's responsibility?