Could the house be acquired for less, that would not only improve the return on cash, but also build equity into the deal.In addition to the cash on cash return (and we could possibly nudge the rent up a bit to make it more attractive), there are definitely other ways we can increase the upside for our investor as I expect my financial position to improve drastically over the next 6-24 months.  

Sure they may handle snow removal, lawn care, etc, but be careful about allowing them to make capital improvements to the property as they may be able to claim an equity interest in the property even if they do not exercise the option to purchase.

We reached out to a pm to help us do some preliminary work before we flew up for our walk-through, he was really great in getting us up to speed on the market & showing us improvements he had done on other properties to increase rents.  

Sure Cap Rate is important, but constant turn over, evictions, and repair costs are often a bigger loss to income versus buying a lower cap rate property that rents $1500 range. 

Learn from mistakes/improving on already successful ideas 3.  

For instance, "framing labor" would be labor for the entire project, versus just the 3rd story.

Despite some efforts to alleviate congestion, and to improve public transit, there is no denying that driving or public transit are perfect options, and as such, many people who work in the City are choosing to live in the City, and even in the Downtown Core. 7 – Calgary is down; Toronto is up Toronto has traditionally been the economic centre of Canada, but was usurped for a number of years by Calgary.

When a HERO improved home is ready to be sold, we offer a variety of options that may be available to you, including transferring all or part of any remaining HERO balances to the new owner.

The cash flow is good and there's room for improvements as well.

The original owner has 9 months to pay back tax liens, amount you paid, any improvements, plus 10%.