So as long as I paid no issues.. and most of those I sold on wraps. when i started buying homes via sub to I did over 100 of them..

If your padsplit residents have vehicles that can cause parking issues.

A grand negative cash flow is not the issue.

If you are new to the business the most common issue is you're either locking up deals too high or you aren't finding attractive deals.

I have not every purchased property in Canada, but my wife is Canadian and I've seen some of the issues her family has had to deal with.  

This is not just a racial issue. 

I especially liked Matt's process of creating my business plan as it forced me to really think about it, get it right and make it easily understood by my clients.His process for the offering also made me think about transparency and other ethical issues that are required by law to be disclosed in the offering.

For big BRRRR projects, hiring a project manager or having boots on the ground can be worth the investment to keep GCs on track and catch issues early.I’ve had OOS clients who’ve been successful both ways—some met their GCs in person and others didn’t.

Based on your numbers, and assuming you have a credit score high enough and have never filed for BK, you shouldn't have an issue getting approved for an HML to buy/rehab the property that I would estimate at about $370k-$375k (which includes 100% of the rehab costs).

Bob - I have five occupied padsplits under contract right now with Fernando Corona and have closed several with him this year.Normal DSCR brokers have issues getting this through underwriting - it's important to work with a broker / lender that fully understands how to get these to CTC.I'll PM you