When you add value to multifamily, it's almost a guarantee that there will be a drop in occupancy initially as you evict the non-paying tenants, and as you raise rents folks will move out.

Some are obvious and get no bids but often at the auction, you will hear a property end at 14 or 15 or something and there will be a tittering of chuckling in the crowd because they know some idiot newbie thinks he just invested his money at a guaranteed 14% but in reality, just tossed away his cash on one of these zombie PINs.Now it isn't all bad, there are plenty (better to say some)  of decent PINs which don't get bid to Zero and they get redeemed, or I assume some don't redeem and are good.

@Joe Villeneuve Joe, I dont understand this "Guaranteed Rent also known as Rent to Rent is where an individual or company takes an interest in a property for a period of time from a landlord and guarantees to pay a fixed rent to the landlord.

There is some other income that's not included, but also not guaranteed long term.- Yearly expenses: $36,229-Cap Rate: 6.25%Est.

Follow Costco, they just recently opened a warehouse just outside of Leduc and I can guarantee they did their research before pulling the trigger.

Will your broker guarantee you that rates are going to be lower in 6 months? 

You just have to close before the foreclosure sale or, have the seller request a hold while the sale transaction takes place (No guarantee there).

* What is your Guarantee?

My main concern is that my mom has enough money to live where she does (which the money for the home plus what she has already will guarantee her).

There is though however insurance he can buy for non paying tenants.What a nice world it would be if real eatate investing was risk free, if your pm company guaranteed the rent and bills.