Since 30% of Canada's GDP comes from exports (and more than a quarter of that is oil) any slowdown in purchasing from China plus any knock on effects from other countries tied to China could really put a dent in the Canadian economy (see http://www.worldstopexports.com/canadas-top-export... for the top 10 list).

We have oil here, and the buildings are older and so I've put alot more repairs than average, and hence, that 55% will most likely be more like 45% over the next few years.

The oil and gas industry is doing a bunch of layoffs (tens of thousands) so home prices are dropping.  

These assets would be businesses, larger real estate if it makes sense, and oil/gas options.  

We once converted a single oil burner to two natural gas systems and then had the tenants pay for their own heat.  

However, after 37 years in the oil and gas industry, I have reached that stage in life when I would like to do what I want to do, and not what I have to do, enjoy my family more, as well as have the freedom to leave a job, and start doing something different.There are different ways to invest in Real Estate, and I have to learn what better fits me at this time in my life and my finances.

Buying a house for 200 k and selling it for 1 million is not illegal as long you are not making false claims,it is sitting on a oil field,the city is going to buy it for 2 million As long as the person has the capacity to enter into a contract without ,mental illness, intimation etc it is perfectly legal.Poor judgment or sour grapes about a purchase can lend itself to lawsuits,but the fact is this is the way the market works .

Annual Operating Expenses Real Estate Taxes $14,650.00 Insurance $6,874.00 Water and Sewer $18,171.00 Snow Removal $0.00 Trash Removal (ROT $60 x 12) $3,768.00 Electric $10,594.00 Gas $9,803.00 Oil $0.00 Legal (rule of thumb) $500.00 Management Fees 10% $0.00 Repairs and Maintenance $49,329.00 Other (Turn Costs + Onsite) $41,222.00 Other (Onsite Manager) $24,000.00 Total Annual Operating Expense $178,911.00 I'm thinking this is a pretty easy fix.

The Kitchen sink has not been working for about two months now , and I wanted to know am I responsible for paying for oil to get the heat in the house working or the landlord.?

You should check out Paper Source at http://papersourceonline.com/the-complete-package/ for some basic training, although you should also start networking since the relationships really keep this business well oiled.