If you think you’ll struggle with the interest payments and don’t expect an increase of income, then you’ll want to think twice before signing on the dotted line.Banks can also “call” a HELOC.

Thanks Robert, everything is working out better than I expected it to.

How much would you realistically expect a newbie to spend on marketing per month?

background:  - Mortgage free  - moved out two years ago   - Still furnished  -  HOA fee $100 month  - has an expectation of getting same value of homes sold in neighborhood that have been updated even though his still looks the same         from original build in the 90's

First one is a basic intro (we buy houses, want to buy 2 in your town this spring, selling direct is great for X reasons, let me know if you want an offer), second one highlights what type of sellers typically like to sell to investors (own timeline, no hassle, house needs repairs etc), third mailing is a simple postcard that has similar message on it, fourth mailing is a letter saying I've reached out before and thought you might find these FAQs useful (and I include a 4 pg FAQ distilled from my website)-- I expected that letter to have more response (you'll see above the 4th mailing had a <1% response rate) and it may be that ppl are waiting til after Easter to call, as I get more calls after holidays when ppl have had time to talk to their family.How to track all of this... you can guess by now that I'm super data oriented.

My partner believes no-shows are to be expected in a Class C and we should give them another chance when they attempt to reschedule. 

To help clarify I'm not expecting the seller to care are all or even know what my intentions are with the house, I don't want them paying for improvments to get me to buy the house, I want to make them on my own.

My margin here after selling/holding costs is roughly ~200k, of which I expect to spend 60k on renovations excluding the window replacement. 

( not that I'm expecting to be sue but you always should be prepared for anything)Help please!

Years ago I did some work with SaskTel downtown and there use to be a pretty good Japanese restaurant just down the street (not something I expected in the middle of the prairie).Looking at what you have posted - and with the caveat that I do not know the market in Regina {property taxes must be low} - my first question is does your figure of $1445/month include: snow removal, lawn care, maintenance reserve (~10% EGR ... which is more like $5500/yr) and property management (say 7-8%)?