Im going to try and read as much as I can now on the forums as well.My work history is long and of a wide variety.

I grew up in Nova Scotia (about an hour outside of Halifax) and while I'm currently not investing there, I do visit frequently and hope to do some work in Halifax in the next few years. 

The banks I frequent have a wait and see approach to my growing portofolio and are more than willing to entertain deals next year. 

The only way I could figure is copying other comparable properties in the area but at the same time there's a lack of knowing the other countless options to choose from due to the variety of styles. 

That specific lender has overlays to Fannie guidelines.If you're looking for less than 6 months, you'll have to go with a portfolio lender or mortgage broker that has access to a variety of lenders.Best of luckStephanie

Also, plumbing is a frequent issue in these older multis. 

My experience is if you are going to really understand a market that is out of your area you need to make it a point to visit that market frequently and get to know other local investors who you can build relationships with to intimately understand and know the market over time. 

Originally posted by Account Closed:It depends on a variety of factors.

I have friends that I work with frequently and they understand that of course we have operating costs and profitability goals.

S-Corps are rarely tax advantages for landlords for varieties of reason that are discussed here already here.