Hi Chris, It is for a job that is only 85 miles away and I don't know if it qualifies as a relocation because my company pays for my travel back and forth. 

@Russell Brazil it always helps to have a positive attitude:)

@Chris WaltersI believe homeadvisor.com and homewyse.com can you give you ballpark figures on what things cost, but I haven't seen anything specific for Canada.

@Robert D.In addition to @Chris Seveney's extensive explanation, if the property is located in Chicago or just Illinois you've got this to deal with:https://www.domu.com/blog/new-illinois-law-protect...Your assumption is that it will sell at the judicial sale for 40k.

@Chris Seveney I'd love to hear your strategy as well.

so work force more diverse.. but that also leads to very moderate gains in values and values because there are so many rentals are really related to what one will pay for a given cash flow and the 1% rule seems to be the bench mark for OOS investors to take the leap to other markets.. unlike the west coast were our locals are happy at the .05% rule... there is no way they are going to Memphis or Cleveland or any other mid west market for the 05% rule.. why would they with no real value growth there are better ways and safer ways to invest.So where does the investment real estate inventory come from.1. burnt out landlord syndrome there are areas of the city that many won't work in @Chris Clothier commented on those neighborhoods in a thread earlier this week. 

@Russell Brazil It's common to have the closing doc.s fedexed to an out of country buyer/seller.  

Originally posted by @Russell Brazil:How much they owe on it doesn't really matter to you the buyer  I thought we dont make deals on homes that dont have equity , so how does this not matter if we dont know the true amount of equity?

What Chris said is correct in my county.  

Chris, Let's connect and chat about what you're looking to do.