Soon as you state your were adverse to debt you lost me.

That would be up to you and how risk adverse you are.

Im somewhat risk adverse, so as I grew I then switched it to have one paid off home for every 4 I leveraged.

At a 10 cap I am getting 576,000 with current rents.I wouldn't bank and ARV on higher rents.You can go 2 ways with this.My other clients do some improvements and rent out quick below market at say 650 in this scenario.The 800 rents you will count on many of these tenants leaving.There will be a period of high reno costs and little to no cash coming in.Higher reno costs will adversely affect your after repair equity position as will the rents.I would try and buy this even lower than 425k.Do they do short sales in Canada??

Otherwise, why bother filing for "adverse possession".

Now here's an interesting thought: both heirs and personal representatives are barred from perfecting title via adverse possession because the theory states that you cannot be adverse and hostile against your own interest.

LOL, just be aware not everyone will like a scented room, especially if its too feminint.I am thinking closets because many people are not adversed to scented closets because most cedar lined closets are scented and many put moth balls too.Could advertise "scent enhanced closets" and a good conversation starter.

It will still cashflow phenomenally, and will have a very low leverage level, which helps if you are leverage adverse. 

When you look at folks who have achieved great things it often followed great adversity and challenge.Step back, see what you have and how far you can stretch it. 

All of this came directly out of their pocket so as to not adversely affect their investors.