We've found National Bank to be very investor-friendly; 20% downpayments and after a year if you show no rental income loss on your tax return they don't consider that mortgage payment in your debt to income ratio.

@Mike Flora,  Mike it is quite possible that the property taxes you paid did not need to have been a loss.

Only time will tell if you made the right decision in your purchase, and you can chalk up losses as lessons learned!

In other words in regard to stocks you could buy an averaged investment such as an indexed fund that is basically investing in a huge swath of individual stocks and your return is based on averaging out the returns and losses, limiting your potential return greatly, on the other hand in regard to stocks you can purchase them individually and your return is only based on that individual return.

Typically a private lender like yourself will get a first lien on the property and  have it recorded, get added as a loss payee on homeowners insurance policy, and receive a promissory note from borrower.

When you have the sum of those operating expenses, you will subtract them and an allowance for vacancy and credit loss to get what is called the Net Operating Income (NOI).

Adding all the vacancy, turnover costs, (non)credit loss over 10 units over a year, there would be less than 1 month's rent in all those expenses.

I want to know that if your business losses 2,000 a month but you are worth 2 million then you will keep paying the rent or I will come after you for it etc. with the personal guarantee.For space build out there is TI ( tenant improvements ) and then LC ( leasing commissions ) if any for the landlord.

In this case my dad operates a trucking business that the past couple of years reports a net (phantom) loss which makes it difficult for him to appear capable enough of meeting the financial responsibility of paying his debt service.

Then would you sell at a loss or ride it out with 0 cashflow?