Others simply don't care, they'll take the offer of a couple months rent and leave.I don't think the new ONtario rules apply here as you're not asking them to leave for personal use, so it's up to you and your tenant to decide what's fair.Your #'s look pretty good, I rarely find a true cap rate around 6% so if that area goes for around that cap rate you're already in good shape.Even if a few of the tenants don't agree to move right away at 5.8% cap your're still in pretty good shape and you can slowly work on it.

I almost made the same mistake, but luckily found BP shortly after my initial "consultation" call and decided not to invest with them.

What if he’s living there and then decides he doesn’t want to move?

. - I'm sure it's doable but the numbers have to be very precise. 

It actually helped me decide against Waco!!

BP community,Recently I was negotiating a 10 unit deal and got all the way to final contract revisions, and my partner and myself decided to stay put and not move any further.

You might want to get intimately acquainted with the current and future landlord tenant legislation in Portland before deciding to invest here, especially if you enjoy sanity.

I decided to pay off my Southern California home instead. 

@Lue Brooks nice goal of starting with being active in the forums, reaching out to others here etc.As a matter of fact, as a fellow newbie I made a similar commitment, but since I had just read the book '10x rule' by Grant Cardone at the time, I decided to try to 10x my posts of that time (I was at 50 posts then) to 500.

We went over budget & decided to try something new to save money by using an online brokerage.I was just wondering if Open Houses are worth while.