Reducing risk is a unit in a good area that is updated.

This would reduce my risk as I'm not only dealing with one individual plus potential returns would be greater and make up for my upfront expenses.  

@Juan Diaz...this is not San Francisco that I speak of but, I am seeing some reduced price listings in Northern California (North of Sacramento).

I have also heard of people who pay no or very reduced rent to live in high-end vacant homes for sale.

The new information that it was quitclaimed reduces that likelihood, and increases the risk.

If market interest rates drop, the program offers a "streamline refinance" that the lender and reduce their interest rate after they made payments timely payments for a year, without having to go through an actual refinance.For an organization looking to build, or rehab, on a reservation I believe there is the Indian Housing Block Grant Program which are federal funds that are managed & distributed by the tribe.

You could issue some type of rear view mirror hang tag that identifies allowed vehicles, so that nobody is wondering if a vehicle is suppose to be there and would reduce calls to you.

The reduced labor we have; illegal or legal, its going to push costs up3.

How is a code violation dept supposed to support their activities with such seriously reduced income?   

Depending on how you organise your holdings, this can be reduced (with other tradeoffs).An LLC may not be viewed as you anticipate by the CRA - do your research and consult with an appropriately experienced cross-border accountant and/or attorney  The exchange rate (~25% at the moment) does need to be taken into consideration and, depending on you objectives, may or may not be a impediment.