It seems that since property values are so high, and rents are so low (plus rent control), that cap rates and total ROI are SO LOW for Canadian properties.BiggerPockets logic points towards a 2% gross income / purchase price ratio, but that is nowhere to be found up here.Example: I have been looking at Hamilton Duplexes.Purchase price: ~$200-230kGross rent: ~$1800-2000 per monthOr approx. 0.87% gross rent / property value.

We do not follow the rules on this website (1%, 2% or 50%) but buy higher quality of houses and keep tight control of our costs.

"TIE IT UP" before someone else takes it so you are in control and then you have some time to figure out the situation and best path forward and can still get out of the deal if you have to.

The owner of a property has given me complete control over the property.

Turn on the halogens, then find the breaker that controls that circuit and turn it off.

The new developer self appointed himself as president of the HOA stating that since less then half (12 of 84) the units were sold he was to control the HOA.  

Remember you don't have to own a property to control it.

My husband and I paid all our debt (mortgage, student loans, credit cards) off as soon as we could so that we had maximum control of our allocation. 

The Atlanta Real Estate Investors Association (REIA) is a great place to network and get to know different players in the real estate game.

That is an element of the transaction that is within my control.