They can even drive by the property and shoot pictures and a video for you to see.

Looking to purchase Danvers or points East on Cape Ann.Have recently started driving for dollars in the area, building a list of leads for an eventual direct mail campaign.  

Basically, the info is as follows:invested - 52kGross Inc - 31,200 (at 100%) Mortgage - 8,500Op Ex - 17,500Net Income -  5,233.00CAP Rate - 2.92%  (market is more like 10-12)ROI - 10.42% - not good enoughAgain, my challenge is I took 10% off list price and it still doesn't look great...…..so.....???? 

Are the rents at market, and is there any room to improve so you can get to that 700 mark and basically make it free to live in the other unit? 

If your investment location is in a growth area, you never know about the future development and  how it might drive the value up. 

I would also do a basic checkup.

CRA will treat the LLC as a corporation; basically a mismatch.Thirdly, 1031's should NOT be used by a Canadian citizen paying CDN taxes.

Understanding the basic repair vs improvement will be handy. 

I was able to get a motivated seller deal, but the seller is basically looking for cash buyers only.

I basically said the same thing.