Never be scared to offer what is fair to you.

My realtor thinks that it is in the 220k-230k range so I analyzed based on the high end of that, he also thinks rents could be increased to $800 but I don't want to scare off good long-term tenants so I probably wouldn't do that unless someone moves out. 

Seller is downsizing his portfolio due to health concerns. 

Hi All. Has anyone had any dealings with the above. They are based in Toronto. I am asking because 1 of my tenants got approved for this. Is there any risk on my part? 

They are cash basis accounting and IMO in our business I can get a better idea on the health and profitability if I have Accrual basis figures by month or by year and I can average it out - the broker is acting like I'm asking to move the Earth over 6" and that without a submitted contract they're not wasting their time paying their accountant to give me those reports.I didnt run into any of this when I bought our existing business.  

They are paying for the rest of my college tuition, health insurance, etc.

However, a taxpayer who disposes of more than one residence within two years or who otherwise fails to satisfy the requirements, for example due to a job change or health problem, may qualify for a reduced exclusion amount.

If you don’t have health insurance and you catch covid and end up in the hospital, Can they take your rental properties from you as a form of payment?

Only 3.7% of the Landlords required pet references, only 7.4% required a pet resume, 11% required health records, and only 18.5% required Tenants sign a pet agreement.The bottom line: renters with animals are no more dangerous to your property (on average) than renters without animals.

My business partner is a licensed contractor in AZ so development is not something that scares us.