So, let's say it did appraise for what you expect of $600,000 and they'll give you only 75% of that.

However, until then, i don't expect Nova Scotian municipalities will enforce legislation limiting our re-positioning of rental housing - as long as we don't disturb the neighbours and pay the CRA :)Looking forward to any feedback Paul

@Joe Splitrock Well that's one heck of a list but I have to admit, I'm with @Kelly Byrd in that I'd never have expected Fremont to top the list. 

When I first started doing lending in Detroit.. this was an issue ... my client a big time flipper rehabber always had retired cops there with a clip board to check in the workers.. it was determined early on that much of the theft came from the exact guys that put the stuff in during the day.. they had the codes they knew what was there they would come in at night and steal it .the day cop and clip board put that to bed.So I agree with @Bryan Bannach  hire a retired policemen have him there during construction hours its the cost of owing property in the hood.. nothing unique about this.or just sell the property and buy something else.. but I think your looking to assemble so I know you probably don't want to sell.so just as stated hire security and I really like the idea of the @Patrick Liska  Cinder block fence I would for sure do that.. then put broken bottles in the concrete on top..

I'm not asking for a legal opinion, but rather somebody who's been through the process before and their thoughts (and knows what to expect). 

As a new comer to the industry I find myself facing challenges that of course I didn't expect like what type of property to flip first or should I start with wholesaling first etc.

These are common (and expected) documents requested during due diligence. 

And when possible, am getting a huge interest rate like 5-6%, is that expected?

End of the month is coming up: Should I expect tenants to pay rent while  staying in a hotel?

You will need to do your own due diligence when figuring income and expenses and should get what is expected off of that.In Wichita we haven’t had a commercial information exchange (CIE - the commercial version of an MLS) so loopnet and broker to broker info exchange is how business has been done.