I have a couple newbie questions. 

I would prefer to flip it but it may be my first rental property depending on the circumstances.

I've spent a great deal of the last week talking to property managers in a couple of different areas of the country where I've found deals I'm at least interested in learning more.  

For example, that home did not have washer/drier, refrigerator etc and has wall cooling (a couple of them have to be replaced) and few minor replacements and siding needs little work as well.Any suggestion would be helpful.Regards,Prabodh

Hopefully I’ve just answered my own questions but mind you it’s taken me like a couple years to formulate these concepts as I’ve done my best here to explain them lol.

I had a very nice couple with a young daughter come look at my nicest rental home (4,300sq ft with $2,800 rent).  

I never shopped from ULine so I don't know that personally but I have heard there name thrown around a couple times in similar discussions. 

I ask because I plan to purchase a Multi-Family within a couple of months also.

CAPREIT is interested exclusively in institutional sized multifamily apartment projects (at least 150 units, preferably larger -- under no circumstances would we even look at anything less than 100 units).

I've come across a couple of properties that seem to be vacant and through some internet sleuthing I've determined that the owner is absent.