Sounds as if your parents would take on a lender role rather than partnership role, therefore, the documents are pretty easy and straight forward.

It would probably not be very easy to get a private investor to switch from first to second position.

I like to be pro-active and do more than is absolutely necessary.So far the XRF has only come up with lead areas that were small or easy to cover (encapsulate).

Now there is drywall damage and some wet flooring.Not what I was looking for on a Monday (or any day) but if it was easy, everyone would do it.

Also know that getting a mortgage on a income property is pretty easy but you do need 20% down.might make sense to buy income property outside of vancouver in other areas of lower mainland and just pay rent and live in vancouver.

TRUE wholesale deals should be very easy to sell with or without a buyers list.

I do flips, tax liens etc where necessary, but my main focus is on buy, fix and hold.Being a landlord isn't easy if you don't do it right.

We book a solid 100-125 nights during the ski season and only 25-50 nights the entire rest of the year (mostly weddings in July/August).If you are looking for a positive cash flow on this type of investment, run.

Here is one that is currently for sale: http://www.zillow.com/homedetails/376-E-Varsity-Ln-Bloomington-IN-47408/94516448_zpid/ I figure it will be easy to rent near campus.

Buyers for median priced and below properties selling with owner financing and with a reasonable down payment are VERY, VERY EASY to come by - craigslist - bandits signs - all day long.