I wonder if this is why BC passed that anti flipping sur charge .. to keep this stuff from happening.At least in Oregon it boils down to do you own it or do you not.. 

Know the history of your market folks.The reason real estate prices in LA and SF are going up is because of our anti-development government agencies.

When you ask them questions and look at them straight in they eyes and their eyes dart left, right, up or down, they look away or put their head down, rub their head, etc. and answer.You know at that point they are generally dishonest and their brain is thinking about an answer to scam you.

What a great scam it would be to have a rent controlled apartment to rent out STR while others look for a home to live in.

Her husband does a lot of volunteer work for the HOA, and she tells me of grumbling by resident owners calling absentee owners leeches, and from time to time, I get to vote on bylaw changes that could be called anti-absentee owner.I can see if one tenant snuck in via a land contract, the next thing you know there'll be a bylaw change prohibiting it.

I bet your PM didn't do this to "minimize your expenses" Oy.Apartments.com is a bit of a scam now for premium but it works--if you are going to do it do each unit as separate properties.FYI 1250 rent on buying for 135 a unit is promising, but doesn't guarantee cash flow positive at all.

My money is on them trying to scam you here.

It is a giant scam that probably wont even protect you.

The first thing to understand about the mattress industry is that is largely a scam.

Yes, I got scammed too.