Originally posted by @Scott Mac:Run down (Slum) 4 plexes go for $600,000 WOW.Do you know how many SFH's you could get in Detroit for that--Just WOW.Kelowna is lower BC mainland on Lake Okanagan also basically the warmest area of all of Canada along with a huge retirement mecca,  tons of great golf wineries  fruit orchards  Big white ski mtn 35 mtns  the lake it self is about 50 miles long and great for boating and recreation deep blue water. then the mtns are loaded with fishing lakes its really quite the place and this is big for semi Rural BC LOTS of medical..

Lease agreement states security deposit would be used as an unpaid rent if there was early termination.Tenant decides to end lease early making final payment August 1st and moving out the 3rd, I find a tenant September 1st but at a rent payment of $700 instead of $850  Does this tenant have the ability to get his security deposit refunded if it took a month to find a new tenant after he had left? 

If so, just make sure you don't sign anything in the title docs that states the title company and add any additional exceptions found during a final search.

I finally started to listen to those that were saying house hacking is a good start, so we started making some appointments to check out multi family homes in our area.

When you finish a unit (best around) and determine final rent based on research ask yourself "Would I pay $1550 a month to live here, with my family, with my children, etc?

Finally, I highly recommend that you visit some local real estate investors meetings in the areas you are interested in… talk to the people doing deals there and you will gain great insight into what’s happing and what type of deals are getting done ✔️ Hopefully you find this helpful and I look forward to your message!

On the flip side you can airbnb it and save that capital for the final purchase down the line. * Wrap Around MortgageYou could work with your Mom to create a mortgage on the property that is larger than the currently mortgage amount, say $20k.

A little background:- I live in a semi-rural town in Utah.- I own (and currently reside in) an old 1800s farmhouse on a 1/2 acre lot.- Current mortgage balance is $249k, payment (w/escrow) is about $1488, estimated current value is $360-380k- I am software developer, recently switched from W-2 to 1099, which prevents me from getting a traditional mortgage for 2 years.I have been considering selling my house and potentially moving further south where the climate is a little warmer.

Exterior is brick and it was semi attached.

We started putting offers on houses in Big Sky and after getting under contract after our 11th offer, we finally thought we had one.