Never know when connections might be useful state wide.

I would have to say the prices vary widely depending on location. quality homes cost more. how low do you think the prices should go to be a good deal in Toronto and the surrounding cities?

I say it's actually easier to get good financing when you're buying a large 100 unit plus Multifamuly complex, but that's another story.But as to the specific remark on more work, the following.I strongly suggest you carefully select a Professional Management Company to help you with a lot of the due diligence.

Looks like you have a wide variety of interests!

My goals are to acquire 1,000 rental units within the next 18 - 24 months and to get into the REO game.I hope to gain a lot of information and education while visiting this site...my eyes and ears are wide open.

This varies widely, and can require you have established accounts or excellent credit.

I've seen a double wide on 4+ acres for $30K!

Terminate the contract if done individually with one or both agents and select one to use with the LLC.I'm guessing each of you acted without knowing what the other was doing, that causes a real mess. :)

Here are a few recommendations for you:Find and connect with other BP members that are in your area http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you http://www.biggerpockets.com/alertsRead Beginner’s Guide http://www.biggerpockets.com/real-estate-investing.If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select that person below.

That, or you undervalued the property by such a wide margin that the buyer is ok with whatever happens. :)I get the contract into escrow and see a title prelim before I do anything else.