The house is located in an area where young professionals live and is on a nice safe street.I am trying to develop my strategy before I become the owner.Here are my ideas, let me know what you think!

For 50 years real estate developers, Realtors, wheeler-dealers tried buying that place, all failed.

Develop a good working relationship with your local guys, your reputation is everything!  

My experience has been that it's better to develop a working relationship with the permitting process than to skirt around it.

.; find an accountant and attorney with cross boarder real estate and business expertise and develop the strategy for organisation and ownership which best meets your near, mid, and long-term goals ... naturally, you should do this before purchasing any property in Canada.

@Jonathan Twombly it is a 3 bed plus bonus room its around 1800 square feet. home was built in 2006 it is in a development with a pool.

I guess I'm here to learn some more and maybe develop some joint venture relationship's.Steve

We have been building in NYC since 1998 and over the past 3 years have pivoted to CM and Development work.  

It's nerve racking breaking from a "complacent" state that a 9-5 job develops in you.

My MAIN goals is to develop a network of Wholesalers, learn how to market for properties, and complete at least 5 Wholesale deals before the end of this year.