Also.. with any luck, local meetings will have people doing actual investing around the area and hopefully can give you documents that have been used in that area, or if you notice there are no active meetings around you, you could always start one and see who it attracts.

This actually helped me build rapport with my tenants.

I actually didn't know there was an alternate to CMHC.

He has 2: one that is designed to teach you how to be a sophisticated investor and a second program that is 1-on-1 coaching (not sure if you actually work w/ Brad or a member of his team). 

Well, the cap rate is usually give by listing agent which is far from the actual cap rate.

Once you know exactly what you have to play with, what down payment and reserves you have,  then we can start searching for opportunities you can actually write offers on and most importantly close on.  

Why is the ARV in the Financial Info less than the actual ARV? 

Is he billing your partnership at actual cost with his personal daily onsite labor free until the 50/50 split?

I do not own the property, i am a newbie investor trying to understand what is needed to basically get a house under a lease with option to purchase contract and assign my position to someone who cant qualify for a loan due to there current position but but are willing to pay a little extra on this lease agreement because they are serious about picking up there credit score and at the end, actually closing on the house.

thanks everyone for the great input I’ve reran the numbers with actual numbers and it’s not a good deal cash flow would be less than 9$ a month and the neighborhood wasn’t that great