I would also bet that the late fee is wrong there as well as we now have the most asinine rule in the state for late fees.The laws are changing increasingly fast so I worry about the ability of BiggerPockets to keep up with all the legislative changes that are going into affect and how it affects the lease!

BP has leases for every state that they sell and they're free if you have the Pro membership.

Andrew,Feel free to send me a message or reach out I would be happy to talk REI and offer some advice from a few different angles.

A local BOCES college built a 900 sq ft 'modular' home & auctioned off for $42,000 & I bet we could have built it for half that.

Hey,If your budget is 150K max and you are looking to buy in Ontario here are some markets to consider:North bay, Sudbury, Cornwall, Windsor.If you need help connecting with realtors, property managers etc in these cities feel free to reach out.

Can't use bonus depreciation but could use accelerated depreciation and get most (not all) of my rental income tax free.

I've done drastic increases before where I purchased a 6plex where the tenants were paying 700 opposed to 1550 being market rent what I did was i gave everyone a letter saying their rent would increase to 1,100 for 6 months and they would be month to month so they would be free to move at any point  because at the end of the letter i put that after the 6 months their rent would be 1,300 for a 1 year lease after that and all 6 tenants stayed. 2 years later everyone is near market and only one moved. 

If anyone has questions, stories, or advice they would like to share, feel free to respond below.

I hope that this helps somewhat, but feel free to schedule a time with me and we can go more into details.BTW,  I have a meetup in Irvine on 4/20 @ 10am (Pacific) in Irvine. 

There’s numbers on a piece of paper that put seller financing in a great light.And then there’s the reality of seller financing being a bet on the buyer managing and maintaining a property well for years or decades while you still have skin in the game.And a bet that the value doesn’t decline by more than the balance of the debt.And a bet that the higher “price” received because of seller financing doesn’t come with opportunity cost in the form of being able to spend or invest the liquidity day 1.And the fact that buyers with seller financing always want better terms than a bank would give them, which is real economics that sellers are far less equipped than banks to estimate risk/reward on.Seller financing is relatively rare.