Hello Biggerpocket,I'm an investor in the suburbs of New York City, moving to Houston Tx.

I’m not saying it’s a no -go ,but I am saying practice your due diligence and get some professionals involved before you get too jumpy  if those numbers are correct that's about as good as it gets spread wise in the Portland market.. 230k ARV is one of the very cheapest areas of the city if its a free standing SFR detached.. and you say its on septic that leads me to believe its not in the city.. and seller warranting that stuff is worthless.. just try to collect after the fact when he is long gone with your money.. get a good contractor in there to assess the condition and what it will take to rehab.. 30 to 40k in our market is basically cosmetic only.

However, it seems that I would need to find and work with somebody that could come up with a drawing for the space and get the necessary permit with the city of Brantford. 

They will decide if your proposal matches with the city's intent and decide accordingly.

Having said that, Kansas City and Indianapolis are two very good cash flow markets but you have to buy in the right areas.

A good property manager will make or break your investment more than the city.

It's much easier to find good rental homes in major cities where you can find decent homes for ~$80-$100k that follow the 1% rule for rent and can cashflow.

We pay $1.50 for install of laminate floors in NW FL and New Mexico. 

Next time, All repairs paid for by the buyer should be done through a fully funded escrow account with the owner signing off on the scope of work and city permits. 

Do I do this through the post office or the city?