$975,000 Asking Price 7/13/2017 $900,000 Asking Price 10/18/2017 $850,000 Asking Price Here are the numbers based on the agent ($9525/month rental income as of today):Total yearly rent (based on 24/39 lots rented): $114,300Expenses (agent estimate): $30,000Management fee: $19,200The agent said the current owner never kept good accounting and has had some trouble managing the park.

(Located about 45 mins outside the GTA)1st Condo  = $120,000 CAD         2nd Condo  = $130,000 CADRent paid =  1000                           1000Expenses Condo Fees =    290                        290Property Tax=   100                        109Mortgage =        540                        590 Total =                930                        990This is a basic cash flow for the 2 properties I put together quickly and I believe rent could be increased as basement apartments in the area go for 850-1100 and condo's go for around 1100-1400. 

Another thing to be aware of are desk fee agencies.

Plus you'll be paying fees/membership here that it sounds like you might not be benefiting from.  

Brokerage fee can kill you also.

Any fees paid prior to closing?

However I feel if I'm going to pay someone to tell me who to talk to or what to do and pay additional fees on top of whatever I'm paying, I might as well just talk to the pro from the get go.

The most common difference is that the state will impose some tax or fee on pass-through entities where the federal government does not.Many business organizations are required to have the same fiscal year as their owner(s) have or to basically have a deposit with the IRS to compensate for timing differences.https://www.irs.gov/businesses/small-businesses-se...https://www.sba.gov/business-guide/launch/choose-b...

If the market conditions allow it.Of course, best is owner financing since it costs less in fees than other avenues and all the terms are negotiable. 

I would suggest you have your attorney draft a real estate contract with the purchase price and terms (conditions including inspection, how attorney fees will be split, etc).