One other manages one and agreed to 8% as well of just the rents and when a new tenant comes in, I pay a new lease up fee (but not for just renewals yrly).

This is where I believe I can come in. I

But my understanding is that it's a numbers game.

So, as you can see, YOU have a LOT more to do with vacancy rate than what market a unit might be located in. I

As someone in the game for more than 30 years, there are cities I have always been interested in, but have no interest in a one-off for myself so this is a great opportunity to get exposure in a market without any of the operational pain.4.

It's good to hear that you want to play the long-term hold game as that is how you'll ultimately build equity.  

Of course a lot of gaming.  

U can have zero experience and just need a few bucks and a  good credit score and you can buy a home to live in or a rental.. but not development deals.. different ball game

Best of luck in the GTA region, I see lots of people here from Calgary though so I thought I would join in! I

A prominent MLO in the northeast was recently charged and stripped of his license for playing this game with his borrowers.Also, everything is reviewed by underwriting.