Tell him as long as he comes in at 150 then you don't care what his profit/overhead is, but you do want to see real sub bids that support the 150.

How is lawn care normally handled on a duplex?

There are a handful of good addendum suppliers in Ontario including LPMA and Harry Fine paralegal.You must also be careful of traps they've put in, such as the agreement to serve by email is ONLY for tenants, not landlords.

Hate to commit to a short term lease..... turnover is a PITA....but if the $$ is worth it, I may consider it...PRORent is paid by insurance company, not individual....more reliabke I would hopeHigher rent and deposit....not sure how much yetCONGuaranteed turnover in 6 months or so..I'm in CA, so doing placement in Dec isn't a huge deal but not the best timeTurnover cost $$...so it may not pencil out as a big $$ gainScreening...... guess I still do the background, but the other criteria is really on the insurance CoSomeone that knows they are short term in the unit are less likely to take care of itInsurance companies can be a PITA to deal with.....

If so, I don't see what would stop you from moving into MFRs or apartments.Once you have a seasoned apartment, you don't need to worry about your personal tax return as much as my understanding is that commercial lenders will primarily care about the deal itself (particularly on a refi).

The jeweler wants high income, the day care center wants families with children, the RE Investor wants homeowners likely to sell and homes within specific price ranges.You also have to get the post cards delivered to the post office that does the delivery.

It can be done, but I'd suggest remembering to constantly assume that you are the ONLY person you are speaking with that actually cares either way if it goes through or not. 

@Ryan Moore in general banks that are accustom to working with investors won't care if the LLC is on the deed. 

These agreements must be entered into carefully and with the help of an attorney who does them regularly.

Keep posting and ask a bunch of questions.take care,Johnny