(However, lease/options do well in this space).The bottom line is that your strategy is more dependent on your personal resources than the market here: cash position, rehab resources, financing options, available time, etc.  

I learned from the first round and hired out almost all of the work.

Half is given to the brokers so 50,000 is left. 3 people on a team senior director,director,agent,etc.The senior director gets a top level split and the agent at the bottom gets close to nothing out of the 50,000.This is why big firms tend to sell fast and furious as the brokers and agents have to do a ton of volume to make any substantial kind of money.As a principal broker and owner of my company I get all of it.

Bottom line though, if you buy here to flip, make sure you buy smart and know the area (or someone who does) because the values and desirability out here, while tall interconnected, are extremely different and nuanced.

@Christopher Blanco this is kind of a nice red for the front door that might go well with the color "Hardware" that you're thinking of for the bottom half of the houseBolero SW7600or if that's too bright check outFired Brick SW6335

Merry go 'round.

I recently acquired 2 multi tenant properties in South Eastern Ontario, and I am looking for some good resources for things like credit checks, tenant screening, help with rental agreements, etc..As this is my first investment, I am looking at building my entire process from the bottom up.  

Another plus is there is already a long term tenant in the bottom unit.

Yes it was messy but you dig about 2 ft deeper so any crap goes in the bottom then you put in dirt to stand on.  

But, bottom line, the lease should work with the state law and run the facility.