Are there any rules or laws that define how long the sellers have to sign and close? 

Not sure if this is the right section but I wanted to share some trends I am noticing in the Canadian mortgage market place CMHC insured rates are really low for owner occupied, with rates as low as 1.64% and commercial loans ranging between 2-4 %There are some B lenders offering unique programs with a return of stated income using only 6 month bank statements as proofAlso seeing a new High Net Worth program which provides almost no TDS component however LTV is maxed at 65% and additional equity is required65% HELOC and 80% mortgage is available from a couple of lenders.

My goal would be to sue the HOA into action if they don't play ball.And read your HOA guidelines/covenants/whatever, there may be a grievance process defined, as well as remedies for issues such as yours.

just B/C of the greater fool theory is no reason to reach for a deal.. cash flow is only one component of IRRif value is less than what you have into it.. you have zero exit strategy when you tire of being a landlord.

Revolving credit below 35,% of your limit is ideal.Networth- have an up to date networth statement include vehicle, investments, properties, recreational vehicles, household goods and furnishings, whole life insurance cash value policies.If dealing with a private lender a clearly defined exit strategy from their loan is extremely importantWhen seeking credit be careful about multiple credit pulls.

The problem is the city is requiring a depreciation schedule for all components, not just personal property either.

With the older homes, it’s doable and would need to involve a structural engineer to reevaluate wind and earthquake loads as well as framing and foundation of existing components.

This is a key component for REI.

Problems will happen, but it is how your respond and recover that defines your success or failure in this business.

For me, defining my goal was difficult as I kept questioning what type of cash flow was good, especially with such a high market.