Mainly because of lack of due diligence.. my question is would getting an O&E report on a prospect property be the best route to take?

If it were me, I'd tell my friend to act as if it's serious.HINT: That's why C/E Departments need to initiate legal actions in the first place...because people don't get off their butts!

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I use Joel E.

http://www.eventbrite.com/e/showcase-california-ve...

Owner would not provide schedule E but rather provided the following breakdown:Potential purchase price is $450KPotential Income at current rents: $75780Expense:Taxes: $6456Insurance: $3300Night Light: $348Dumpster: $2136Snow Removal: $1330Lawn Mowing: $1044I added:Vacancy Rate at 10%: $7578Repairs/Cap X at 10%: $7578Leaves us with $46010 NOII can get a 20% down/300 month loan with a 5 year adjustable rate at 3.99% at a local bank I've done commercial loans with before.  

The biggest being borrowing from Canadian lenders - with no Canadian income, residency or credit history you may find yourself limited in the size of mortgage you can place (perhaps no more than 50% LTV).Your easiest approach may be to find a Canadian partner and work with them to acquire properties.Overall, the fundamentals of investing in real estate are the same, details will differ - particularly in areas of finance, regulation and taxation.  

I've noticed a real uptick in complaints about this lately, but that's purely anecdotal.PPCPPC, or pay-per-click online advertising, is the newer kid on the block, although it's been growing quite a bit due to some prominent adopters (notably Sean Terry, the guys at We Buy Houses, etc).PPC has two fundamental strengths: speed and objectivity.PPC is one of the fastest marketing channels there is, and it's raw speed allows you to launch into entirely new markets in around ten minutes or so.

@Bob E.

If someone comes to me, I'll send them your way.If you need help in your search or want to verify something don't hesitate to ask.For example: I have clients worldwide and things are just as easy as I e-mail them, talking on the phone.