Hey @David Flores - I can also set you up with my brother if you're interested.

Once you have attracted one you would typically have a business plan and agreement already set with the PML before going to and auction.  

Once I made a commitment to pursue flipping, I did about 8 months of really looking into it, doing research, reading, setting up my company and getting funds in place.  

And let's clear the air on SOLO-K's...what is the true requirement on being eligible to set up one of these for REI'ing?

Unfortunately rent rates are not set by the amount of their debt service payment, but by the market.  

I often hire the contractor that are reliable but bids in the middle of the spread, and I often have leases that probably have room for adjustments, but if my deals works for my own metrics at conservative metrics, I will do it.And slowly the market rose, and then very very steeply we entered a seller's market.

This act of appreciation will set you apart from others and pay more dividends than you will be able to count.

The marketing VP from Killam (Jeremy Jackson) is heavily involved in arranging the course.I would not want to speak for him, but considering they have buildings in your area, I am sure they would be willing to help set up a course.

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The 1st floor condo is currently utilized as a commercial office space and the layout is set-up without a full bath, proper kitchen, etc, but just right for a smaller office.The other 2 units are regular condos for families.I'm trying to figure out what option I am better off with:Option 1: Leaving the first floor unit condo as a commercial space, renovating it and trying to find an office to occupy it.orOption 2: Invest in doing a full kitchen and a full bath to make it a proper Tenant rental.Option 1 seems like it will be more economical but there is a risk it will take longer to find an office to rent the space vs a tenant, and the loss I take on finding that commercial renter may offset what it would cost to re-do the whole unit by investing in a full bath, kitchen, etc.I'm also wondering whether I'm better off having all 3 units be tenant-rental condos if it makes it easier to sell down the road or should I just consider keeping 1st unit as a commercial space and take the chance?