I basically write up the repairs and send it to a couple different GC’s who are always good with my scopes in my area. 

@Tim Gathers There are a couple of investors I know up there that are great people and willing to help others.

There are a couple of 10-12 unit apartment buildings that also would require 300,000+ before they’d even consider selling.

I looked at a couple of houses in Honolulu that were basically tear downs and if I remember correctly, they were in the $1 million range.

Expect a couple of points either way.To protect myself, I am in the first position on the property as the lender. 

I prefer Ontario. 

A couple thousand cheaper than the next lowest bid, and more thorough in explaining options.

I would start by asking your accountant what their preference is.

Owner had to do a lead cleanup a couple years ago b/c of CMHA, and it was professionally remediated.

I currently hold two in the same building that have been rented out to the same tenants for the last two years and are run by a management company (I live in Toronto)I’m thinking of picking up a couple more since the prices have dropped.