Do you have the time to manage a rehab project or do you want something more passive?

I am tripping up on how to project the cost of expenses since the tenants will pay for a majority of the expenses. 

I have seen so many people buy buy buy and they haven't even completed their first project because they get so excited when the see a deal.I would recommend using homeadvisor.com to find a contractor.

If you want to work on this project with us or have a referral who can please reach out to me.

You'll want to create a pro-forma (cash flow projection) for both the multifamily section and commercial section separately, then combine them in a summary pro-forma. 

I would start with local banks that should be more motivated to loan on revitalization projects in your area.

I suggest you are projecting your own emotions, not suitable for a serious discussion regarding money. ;-)Why did B.C. institute a tax specifically on out of country investors?

You are getting ripped off BAD.I've done complex projects on multifamily for half that price.

The numbers:Purchase Price: $28,500Equity: $49,000 (No Appaisal) Comparables are 45k and 53kFinanced: $0Improvement Costs: Projected $2,500 on tenant turnoverProperty Taxes: $700Insurance: $900 yrProperty Management: $58.33 monthlyVacancy Rate (7%): $42 monthlyRepairs: $360 yrHOA: $420 yrCAPEX: $144 yrMisc/Legal: $349 yrCash Flow:  $204 monthly Rent: $600Cash-On-Cash ROI: 9%Shoot me a pm or leave a comment if you have any questions or remarks!

PM me with your info, I may have some projects coming up over the next couple of months