Tell them you will explain to their new landlord that you will be returning their security depost and they will have it as soon as they broom sweep the unit.

There's not a lot of Alberta specific MF meetups because:Market size is smallMost investors think of condos/houses as opposed to multifamily (hence, less interested investors)Debt-financing is hard to come (relative to the US)Institutions are not as investor/landlord friendly (relative to the US)Lots of Canadians invest south of the border for all of the above reasons plus better returns/liquidity/currency diversification. 

California is probably going to be more expensive though and returns will probably be lower than other parts of the country.

Typically looking for 10-18 percent return after expensesHope this helps.

Hello,You should be able to list it on the market in 3 to 4 months.. anything more than that means you have over 100k invested in the rehab which meand you are looking at above average returns or this is the first time you are doing this.Again, you have given absllutely no idea about what kind of rehab are you doing?

But it would not at all surprise me if they were, and if I use my numbers to analyze this property, I see it making around an 8% Cash on Cash return (with a 3.5% Down Payment.)

Usually either a short term loan with goal of owning free and clear in 4-6 years (no cash flow, let the renters earn you a free and clear house quick) or a 20 year term allowing double digit cash on cash returns.

This is includes removal of 16 x 14 slab and 16 x 3 sidewalk.Would this be a good investment for our return?

Bottom line, your IRR and cash-on-cash return can go way up when you leverage OPM.  

I think if you could easily pay that extra bill during the process of the flip (Research, closing, renovating, and listing), then I say go for it.