I find it usually takes three or four successful deals, or about 3 to 4 years investing with me, for an investor to become very comfortable.

Join other local real estate investors for our monthly meetup to learn, share, and network in a relaxed environment!

Good news for you, NB has a fairly balanced Landlord - Tenant regulatory environment; particularly in comparison to jurisdictions such as Nova Scotia, Québec or Ontario.

Personal decision and comfort level question really.

Both wash up great and the comforters hang awesome on the beds.

They'll be most comfortable with lending at a lower loan amount since they'll have a better grasp/handle on the market.

You should choose one that makes you feel comfortable. 

Different states have different needs for contracts, and you want your title company to be comfortable with what's in your contract. 

@Travon Allender  As mentioned, if a bank will lend on a property in need of rehabbing, they will typically be a less costly resource (but not all banks are comfortable lending on non-cash flowing assets).

Although it’s 10 bedrooms now it could, with a little effort be turned into a very comfortable 4 bedroom 4 bath house.