This is not a situation for aggressive behavior -- setting foot into this apartment while this particular tenant is still living there would be considered an "aggressive" move, given the info you have given us and it does not matter what the the law says at this point. 

You can name up to 3 properties and it doesn't matter what their aggregate value is.2.

My question to all of you is: Does it matter?

The area matters but not as much when you are working with such a large profit.

Face it no matter what type of business you go in or if you choose to work for someone else you will make a mistake because you are human. 

While a lot of RE investors enjoy the business and serve customers’ needs or even have a passion for the business, hedge funds are focused on putting money to work no matter what the asset is.

However, real estate matters are legal matters and so no matter what you do in real estate, if you don't do it right and you cause damage or step on peoples toes you will get legal problems.

I could save a bunch of dough if I don't have to pay another agent.. or my other new builds... so we will see how this pans out my prediction it won't go to far.. you will have buyers still wanting their own representation no matter how this is set up as you need to sign on the info sheet that you understand you will only work with the listing broker.. but when buyers come in with another broker what are you going to do..We get that all the time they come to our subdivisions say they have no agent then show up with one when they actually want to write the offer.Thoughts anyone .. especially those that are not agents and not real familiar with how the industry actually works.. like to hear some feedback from you folks

The type of deed doesn't matter because once the Seller has your money he is gone.

Most banks here in Canada have a cap on the total  # of properties you can own.Scotia - 10Desjardin - 16 doorsCIBC - 10TD - 14It does not matter the total $ amount of mortgages - it's the number of doors.