Also to give you a better understanding of my goals:I want to own 50 properties that cash flow a minimum of $200 a door by 30 (I just turned 24).

Title company gals are a good source of this stuff too as they have to deal with the day to day with builders and hear it from all sides.. of course its gossip most of the timeand then last but not least if they are building in subdivisions simply knock on the door of someone who just bought their home and ask their experiences..

It gave me her current address and the names of some relatives.I knocked on her door (which also looked pretty beat up), and talked to her husband. 

The biggest demo is in the garage which needs all the drywall removed due to mold caused by resting water in the crawl space.

Then it seems like you have your price point, if the one next door sold for $128k and is similar, thats the price.

Hi @Ian Ramos, as other members have said above, "it depends".However, I feel like you want to hear a number, so try $100K.That won't do in Toronto proper, but if you're willing to drive to other parts of the GTA, you can get your foot in the door with $100K cash.

Got all junks clear, then i found out ..fleas in the house, pull the carpets in the living room and converted garage room (The other rooms we have laminate flooring and ceramic).

Start knocking on some doors, put up signs, make phone calls and then more phone calls!

IE you could put a ball down on the back door and it would roll right out the front door.. so imagine as a lender you get a house back half finished and all goofed up LOL.these are the realties when lending on new construction. not to mention your GC does not pay subs etc etc.It very serious in Orygun were a properly filed materialman lien is a super lien IE jumps in front of the construction loan... ask me how I know :(out our way we have banks that will do loans for owner occ ... but your not going ot get into them with a low down profile.. need substantial equity and a builder the bank approves.

There is a main house and then a separate garage that has an apartment.