No matter where they are from it seems many immigrants don’t understand to keep hot foods hot and cold foods cold .

The second plex has slightly higher rents of $1,000 for two units and $950 for the other two.Expenses: Management fee: 10% -$368, water: $375 average. 

No soffets, no gutters, missing interior trim on all windows and most of baseboards, a wall completely in the way when you entered, washer/dryer relocate, no drain venting so rotten eggs overpowered you every time you ran water, etc. 

I'm looking at buying my first owner occupied duplex/rental property.Comps = Median Price $149,000.00Duplex 1bld. 2units. 2bd / 2bth 13yrs. old Living area 1,800sqftList Price: $214,000Annual Gross Income: 20,400Annual Expense 4,366Annual Net Inc: 17,174.93Taxes: $2,362.00I don't know what the insurance is Tenants pay for electric, water, sewer and trash. 

The tenants in my condo (upper unit) left the water running while filling a bathtub, resulting in water leaking into the downstairs condo.My tenant has $300K liability insurance, but apparently it doesn’t include any negligence water damage.

I paid about $8 for electricity and $5 for water for August - these expenses are so minuscule, that I completely forgot about them.

I'm sharing this in the "success stories" section because I can't stand how discouraged people get, and I truly despise the mindset of "i'll just wait for the market to crash"We need to find a way to make it work - no one will do it for us There are still deals in "Hot" areas. 

For example, my duplex has brand new furnaces, hot water heaters, and AC units, and the roof is 5 years old.

That sounds good until you factor in dealing with 15 different low income families , 15 hot water heaters , 15 roofs , property tax and water bills .

We are partly looking at US entities to invest/lend in Canada since the exchange rate is so preferable and that since there are still deals to be had in Canada as the market is not as "red hot" as in the US.