@Davit Gharibyan  most likely a nice little family did not buy this home an investor did all is fair in love and war if you want to redeem redeem..

All houses in the district look fairly similar (i.e. all red brick houses), so more than likely there would be limitations. 2) What's the best way to price the house?

IF on the other hand, you lose a tenant at a low activity time of year (e.g. just before Christmas / New Year) and the unit needs some work before it can be re-rented, it is very easy for a fair bit of time to pass.For a multifamily, it is normal / common to have a house meter for the electrical (external lights, hallway lights, etc) and possibly a house gas meter (if there are common areas and depending on how the common areas are heated).

I don't want anything overly complicated since it's a fairly simple deal. 

There are many other Canadians here ... including a fairly active clutch from the Big Smoke.  

I'm fairly new and learning a lot on Bigger Pockets.

If you have modeled your rehab, ARV and other costs properly, you know with a fair amount of certainty what you will make on that flip as you leave the closing table.

However, I wouldn't allow pets in apartments - you don't want cats (who don't mind being locked up) because of hubby - that's fair.

I have fair credit and no money to start with, but I am a great student and willing to put the work in and any advice for a newbie would be most appreciated.  

While in all fairness, Kelly Drive actually has some pockets that are not really god-awful, just the name “Kelly Drive” sends semi-informed out of town investors running for the nearest boutique coffee shop to calm down and gather their courage over a white chocolate sprinkled Frappuccino.