Taking a 3-5 year viewpoint of cash flow (review leases, rent rolls, etc.) and expenses (review tax returns, P&L statements, etc.) will allow the investor to budget for such incidents you speak of and is far more exacting then the standard rationalization you suggest.

Honestly, that was my initial reaction when I first learned of the program.

So it doesn't matter if you are legally right if the courts don't find in your favor, without costly appeals.Moral to the story, do whatever suits you, be honest and your outcome should be good.If you have specific questions I can most likely answer.

You get the par rate and just pay him a fee, usually a much cheaper way to go if the lender is honest.

Thank you for being honest with us MikeOH...I am in the US and not really worried about the market in Canada.....R2D2 you might want to not talk people into jumping in head first.

I honestly would find a realtor prior to taking possession, and write up the contract to relisting it for the same take I take possession of it.

With that in perspective do you honestly think that buying and running an apartment building or flipping a house is as difficult as that?

As long as your honest and professional, you probably can go with the least expensive business card option.

The freedom comes from experience and a good system and only working with honest, high integrity people.

I'm just not comfortable with buying property without being able to look it over closely in person.I don't honestly think listing services like loopnet or the MLS will generate the best deals.