One of my brothers is a jack of all trades and we want to buy a structurally sound "fixer upper".

The Premises shall be used and occupied solely by Tenant and Tenant's immediate family, consisting of spouse and children, exclusively, as a private single family dwelling, and no part of the Premises shall be used at any time during the term of this Lease Agreement by Tenant for the purpose of carrying on any business, profession, or trade of any kind, or for any purpose other than as a private single family dwelling.

Especially with my commercial jobs, they like to know what trade put them out of the running for the job.

If they absolutely hate the job and need out ASAP, then low end properties will be the ticket, but they'll be trading one job for another.

Closing delayed by 30 days by the seller to clear title issue.Original asking price -$39,900Sale price -$23,000 - $1,500 commission = $21,500 net priceARV -$35-39kWill require about $7k to make rent readyRent - $650HOA - $116 monthly (includes water, tenant pays other utilities)Taxes- $1015 yearlyInsurance- $186 yearlyWarranty -$399 ($60 trade calls)Property mgmt - $0 (self managed)Cash deal so no mortgage.

I've got a great roofer, and some knowledge of various trades.

Can anyone think of a better way to structure the trade to get more time on the contract?

Hi @Gary McGowanin which RE clubs you see Toronto multiplexes trading hands?

Mobile home parks trade on cap rates and those vary from area to area.

So you will see these types with high caps but understand once primary term ends the dollar store will re-trade what they pay when the pharmacy stops making up the difference.