When you pay of the house off the deed is transferred to youYou could also use a Lease Option, but it's not a good idea to put money into a property you only have an option on.I personally like to go the CFD route here in Ontario because the closing costs are a bit lower.

You come across some good deals but you can also get that just by getting added to wholesaler buyer lists.One thing that has worked well for me is joining the local REI Facebook groups where good deals are posted frequently.

I give people a time limit for accepting and lease signing and don't stop showing but this run of applicants made me tired. 

The current tenant/operator (two women) signed a 5 yrs lease 6 months ago.

Here it is, for $279,000 there are 3 laundromats, 2 of the properties are in the deal and the third has a lease for the next 5 years at $350 a MONTH!!!

As a general rule, in order to pick a market, I suggest you go with:1) your own backyard (maybe inaccessible price-wise as you mentioned)2) where you have family/friends3) where you frequent as a traveler4) where you'd want to retireBest!

Take over existing mortgages sub2 or control properties with lease options.

My bank lender needs 3 out of the 4 leases to fund the deal, it’s in a hot area so I’m confident I can actually fill the 3 empty and be at 100%.

Ask these guys who recommended master lease options if they ever done one. 

Our apartment lease is up in February 2019.