thanks for the correction, I actually meant correlated. so you think conventional rate might hit 4%? 

John Anderson that's what I meant.

I knew my name would be associated with the house for years to come, and I refuse to settle for anything less than quality even if it meant redoing things that I didn't find acceptable. 

I wasn't sure what it meant but I just read a definition today on one.

He meant the cabinets...

Well I meant the purchase + repair = $40k without borrowed money for a SFR.If you want a duplex and borrow the money for about $80k all in before borrowing you should be able to get a $100k duplex in an okay area which gets about $800 cash flow.If you put 25% down and finance then for $40k you can get two of those which each have cash flow of about $500 a month.

Also this post is in no way meant to advocate any practice or business plan anyone else plans to do.As always I wish the best in your decisions.SIDE NOTE: I notice you are in Canada, my information is even less valid than the disclaimer would suggest

I meant like he has paid so far $70,000 but don't want to anymore.

When I asked for "good" agents / brokers, I meant someone has actually used them and had good experience with them.

I'm unclear what recourse she really has at that point, but if you expect trouble I'd maybe consult a lawyer to make sure you're doing things by the book.I found this document, which was meant for renters, but I believe you'll find it useful as well.http://www.paloaltomediation.com/documents/PaloAlt...Look at the termination section:Your landlord can terminate a month-to-month agreement on 30 days written notice, if you have lived there less than one year.