Being in the SF Bay Area I am curious to know where my local PM cost stacks up against other regions of the nation.Thanks for helping me address my curiosity!

Out of curiosity, how did you come across the two short sales you mentioned? 

Thank you for contacting me and reaching out to discuss the note.I asked the bank to pull a new title search just to make sure that they haven't gotten a 2nd lien recently.And, yes there is an assignment of rents that has been filed but the banker explained that she is not certain whether or not it is being enforced.Taxes are owed from 2012 through the current tax period totaling $25,031.62Note purchase price is 100-120.Outstanding Loan amount - As of Aug 6th 2015 137,935.198 plus accrued but unpaid interest at the non-default rate of 10,212.43; late fees of 759.52 and other bank fees of 2,494.66 totaling 151,404.81.

Canada does not impose estate taxes however there will be a deemed disposition (depending on how the property is owned) of the property at death and the estate will be subject to income tax on all accrued capital gains.The best advise here is the same that I expose to Canadians investing in the U.S.A.; 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.

There are a few Tucson investors here who are active if you have any questions.Just out of curiosity, what kind of investing do you want to do?

Just out of curiosity, what brokerage are you working with?

But, am I overestimating on the accrued expenses like vacancy, maintenance, ect?

Pay him, then never use him again.Just for curiosity, what was the task he did? 

Hey Whit, out of curiosity, how has your general rental experience in AA been?

None the less let your curiosity get the best of you and see what this guy has to offer.