Originally posted by @Igor Tomic:The owner of a duplex is facing a number of charges following a fatal fire over the weekend.Under the fire code the landlord is facing two charges for not having proper smoke detectors and two charges for failing to have proper carbon monoxide detectors.He’s also facing a charge for improper fire separation and another charge relating to self-door closers not operating. 

All of this case law could be applied (at the Federal level) in considering what constitutes an unacceptable delinquency rate for loans made on primary residences if the courts agree.Any operator, no matter how small, should be prepared to defend their delinquency rates, and to work smarter and more effectively at decreasing them.

Sounds like an awesome operating income, right?

Check my house deals . com they usually have good stuff they should operate in your area! 

But I am hopeful that you will reconsider the purchase price and really dig deep on the true costs of operation.  

This policy was meant to discourage urban sprawl, and made it cheaper for the City of Toronto to operate, since it could use existing infrastructure (roads, sewers, public transit, etc.) to grow, rather than need to build new infrastructure. 4 – Yearly migration to the GTA There is a greater than 100,000 person net migration to the GTA every single year.

There are definitely a few benefits to keeping them separate, and potentially legal implications depending on where you invest:Opening a separate account for security deposits will ensure that there's no chance of them being spent - this is the one that might be legally required as well.Keeping a separate "operating account", even if you're not a business, can absolutely help you keep the two sides of your finances apart and more accurately track income vs. expenses and the reserve level that you have for the properties.Theoretically, if you're using a very detailed budgeting/outflow tracking application or scheme, you could make the operating account unnecessary...but it's a very small action that will help you simplify things greatly, especially around tax time.

We look today at companies doing this and it just screams "brand new" company, "I have no money to operate" as a company, and "I want to put all the risk on the buyer" as a business strategy.  

This might be due to the TK operator activation.

I hope to one day find someone who has been and continues to be successful in the Houston real estate market, primarily operating within the realm of single family properties (buy and hold, cash flow generation) and has a proven track record.