When you are purchasing a multifamily property, the seller will be advertising the property performs at a certain cap rate.

Now it used to be if you got a job with the government and could count on a fat pension then life could be good and with a few rentals excellent.

Quote from @Jessie Marie-Luce: Can anyone please recommend a great property management team in Calgary, AB (Canada) area?

If we are analyzing a turnkey property, is it reasonable to decrease the repairs and capex to like 5% each?

Did you know that you can acquire your a primary residence from up to 1-4 units for as low as 5% with conventional.

They will take a risk at the beginning and charge a little more. 

We need a significant retail price correction as a catalyst to change that, in WC at least. 

Purchase price: $167,000 Cash invested: $25,000 Contributors: Michael Sgandurra This was a value-add BRRRR deal next to Nationwide Children's Hospital. 5-bed rooms and 1.5 baths.

Are you saying this is zoned as a single-family and is not a legal two-family home?

That’s a GOOD thing.