I find that a very common hurdle that beginners have is assuming what a lender will or wont do. you said "I don't even think I would qualify for a loan of 100K" which may or may not be true, but you don't KNOW. what you really want to do is ask a lender what it takes to get that loan, rather than assume you can't get it and then blindly try to improve what you think they need. does this make sense?

It is common for community owners to not allow home owners to rent out the home.

One thing I do when I'm looking for properties is take a video with my iphone when walking a property and note everything verbally that could be wrong, and then go over it many times when I get back to the office.I wrote a BiggerPockets post that may be helpful: https://www.biggerpockets.com/blogs/8814/72452-how-to-estimate-construction-costs-for-these-29-common-rehab-projects

How is it done in Canada because of the privacy laws that we have that make it extremely illegal to have such a thing as listsource?

I'm extremely curious to learn about what works, what doesn't and how to consistently be successful.

If it is real common, go for it.

Long time lurker on the boards here and have found them incredibly informative and many of the members extremely courteous and professional.

Here is how I see the deal.Asking Price- 600,000# of units- 13 Gross Operating Income- 71,820less Taxes- 3087 Insurance- 2310Repairs- 6875 (added 25% to estimated price, )Utilities(common area)- 400Misc(pest, snow,landscaping)-2300Net Operating Income 56,848lessMortgage Payments 46,800Cash Flow 10,048Now I will not be offering $600,000 but really wanted to check with some of you experts to make sure I'm not forgetting anything.

Is it common to shut down a boiler for the Spring/Summer, or was that done only because the previous owner was selling to us.

But I am wondering if this is a common thing?