There are 3 ways to create returns on rentals: buy with equity in place, benefit from appreciation, and cash flow.

You will also benefit from browsing through the Wholesaling Forums. 

L.I write about No Bank No Credit financing.If you want to play in the sandbox of no money no credit, you need:Private Lenders (knowledge of self directed IRAs)JV Partners (splitting profits w cash partners)Creative Financing (sub2, land contracts, installment sales, TIC contracts, using notes, etc)I used to live in Mt Kisco, Westchester.I get what you are trying to do.Good luck!

The Finance Minister announced steps to curb the influx of foreign capital into the Canadian Real Estate Market  (in which he really meant TO and Vancouver ... down east we are not really suffering from the influx of foreign money ... sure we lost a 50-unit deal a couple of years ago to a Chinese investor, but the property was not worth what s/he paid, so we'll see it back on the market eventually).That said, Ottawa is only removing a loophole which has allowed foreigners to purchase a residence in Canada, claim it as their principal residence and then benefit from the personal residence {captial gains} tax exemption when they sell.  

They charged $39 for the measure that was credited towards the install.

Or should I require him to pay the deposit and maybe give a discount on monthly rent equal to amount of work done (monthly discount applied until amount is credited).

If you're credit is good it's likely a better option because there is no upfront mortgage insurance premium like there is for an FHA loan.

Do the credit check.

Seems like a very intriguing way of managing property and benefitting from increase NOI and ultimately property value.I am looking at a 3 family property that needs a ton of work (perhaps $75-100K, although I haven't done a deep dive on pricing yet).

I just got a house that I want to pull cash out of, however I need a credit partner.