Due to backlog of evictions, I'd rather keep her another year, give her ample time to find a new place, then in a year I can update the house and turn it into a nicer rental property which is the goal in the first place. 2.

Any updates from experiences?

However, you will want to target properties that need quite a bit of work/updating but are still livable by FHA standards.Alternating who takes the loan would technically double the time you have to push equity high.

-Be very mindful of the location, there are a few areas of Red Deer where the tenant profile is quite poor and vacancy is higher, double check with your realtor but I would avoid anything in Highland Green, Riverside, Fairview, Eastview (a bit more street specific) and downtown-The units in buildings like these are not generally updated often (if ever), so you may not have reno costs now but there is a good chance you will when tenants start to move out, just make sure you plan for that.

Just wanted to provide an update for any people searching through these archives. 

It’s near the Montclair golf club and I don’t own it.. just trying to see what rent looks like in that area and for an apartment that is not terrible but not updated

I'm looking for everything from just cosmetic updates to a full-gut reno. 

They send out monthly market updates and also upcoming training/education opportunities.

I haven't gotten any email updates about the event either. 

I will keep you updated