USE EXTREME CAUTION!

@Kareem Lyons you have got the right attitude and it is refreshing to hear someone of your age be extremely motivated.

@Ivan TorresHi Ivan, my wife and I are Superhosts in that area and are doing extremely well.

You can honestly tell them that you have considered 10K scenarios.If there is interest then maybe I will put together a small webinar on how to do these analyses in more detail.

Honest question, I've heard you say "buying cash flow at a cost of $2 for every $1 returned" On the surface that looks like a ROI of 50% ($1 returned/$2 invested), but I'm curious to how you arrived at that ratio.

Ya his Real Estate Investing in Canada is a good start, that's the only one I've read to be honest, and I've also just tried to take what I can from the America based books and tailor it to the Canadian landscape. 

I would say those things are extremely minor.

If it's not allowed by "right" in the zoning, you have to ask for a variance and have to be able to prove a hardship, which can be extremely difficult.

(Something I HATE doing)The main issue we had on this transaction was that I did not know that the city was a " block to block" city.This just means that it's a lot tougher to value properties because one street could be extremely nice and then you can go down the road and be in a war zone.After we got all of the mess sorted out, we ended up getting a price reduction and we are going to move the deal forward.Here are my top three mistakes.1.

To be quite honest I never really understood the l appeal of hard money.