Having a good understanding of how to underwrite industrial deals is critical, as there are some major differences between multifamily and industrial underwriting.I built out a custom model for underwriting Industrial deals, has helped a ton.

Depreciation reduces the cost basis of your property, and has it's own, 25% depreciation recapture tax rate when you sell. 

I'm not sure what a fair price is, but if they aren't doing anything and it's sitting even though it's supposed to be done at the end of October, it's going to cost me more money anyway. 

Each city has a different vibe, so I would recommend visiting each place before you make a decision.

Hey there, I'm avidly reading about wholesaling in Canada and I was wondering what are the mechanism in place to protect yourself as a the wholesaler if the buyer doesn't come through or if the deal falls off.

Deals is the hardest part right now.

The actual cost to them is little to nothing.

If the first deal, better you do wholesale.

Since each taxing municipality has different mill rates (property tax rates) a 1031 exchange into a state or municipality within a state where the mill rate is lower can help. 

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.