They pay their own hydro and you generate maximum return on your solar investment. 

Then I will need to ride one of my jet skis to make sure the batteries stay charged up.

We’re using Jet Lending for 3 months, and we expect the ARV to be 140k after about 9k worth of work - paint the porch, pressure wash siding, new laminate in bathroom in addition to wall.

Well bottom line is I called a foundation guy and he walked down the steps and immediately saw the issue - a slightly bowed wall indicating hydro static pressure and that was where the leakage came from. 

Also, there was unseen foundation and pier issues and septic issues that are a result of the drainage problem on the property.Thank you,Mary Peacock Could someone jet an opening under the road and push a drainage pipe through the opening? 

Given that the Jets beat the Sharks 4-1, I can understand that they don't like Winnipeg.

UNPOPULAR OPINION: I think you're better off investing your 150k to a real estate asset management firm like Foundation Capital:  Home | Foundation CapitalWith 150k they'll pay you 13% or more annual interest paid out monthly and it's a secured loan. 150k*13% = 19,500/12 months = $1,625 MonthlyNowCompare that return with what you're trying to do with the student rental...Purchase price 400k20% down + closing cost: 90kCashflow statement:Mortgage: $2,150 (6.55% variable over 25 years)Property Management: $440 (10% of rental income + tax) Utilities: $600 (Water, Enbridge, Hydro) Property Tax: $250 (assumed 3k annually/12 months)Home Insurance: $200 (assumed)Short term Maintenance :$195 (5% of rent) Long term Capital Expenditures :$312 (8% of rent)Total Expenses: $4,147 Rental Income (650/room*6rooms) = $3,900Rental income - Total expenses $3,900 - $4,147 = -247You're making NEGATIVE 250/month...I get what you're trying to do.

I’m an electrician in the commercial and residential field.House details:2 1/2 Storey SFH Detached w/ basement3 Bed1 1/2 Bath2 Car Parking1,250 SQFTPlan:Duplex ConversionUnit One:Basement and Main Floor3 Bed1 1/2 BathOpen Concept Living and KitchenEn-suite LaundryFully Renovated with High End Modern Finishes$1,650 + Hydro/MonthUnit Two:Second Floor and Loft3 Bed1 BathOpen Concept Living and KitchenEn-suite LaundryFully Renovated with High End Modern Finishes$1,850 + Hydro/MonthNumbers:Purchase Price: $425,000Down Payment (20%): $85,000 - CashClosing Costs: $7,000 - CashMortgage: $340,000Renovation: $100,000 - CashPermit Drawings and Application: $14,000 - CashTotal Cash Invested: $206,000Now we have the property, it’s going to be fully renovated and time to rent and re-finance.

I need to extend the hydro buried service wire to a home I am flipping.

Keep in mind landlords fail all the time.. that's were the sharper landlords pick up their deals.. from failed landlords.so unless you really know what you want and are committed as a team Your wife is best left doing what she wants.and there is nothing wrong with stopping to smell the roses along the way.you don't want to be a miser and then have a bad life event and never have had any cool life experiences.. to me those are as important as investing.. we live in the Jet age.. if we don't partake in it.. seems kind of sad.what used to be the province of multi millionaires anyone can fly across the world for under 1000 dollars and get those cool cultural experiences.. so just a little different perspective than all the posts that say she is nuts and you got to talk her into it one way or the other.