As a precaution, they now include in their lease that the landlord pays certain utilities and will be reimbursed by the tenant.

It wouldn’t affect the price the customer’s paying and they might keep it cleaner.

This is without paying discount points or buying down the rate. 

I contacted the government (province as they are in charge of this) to ask and was told that I didn't need to pay for the modifications. 

If she needs help paying her rent, she can apply to different agencies for assistance.

At 1132 out of pocket you are beating rent, paying down your loan, and hopefully appreciating in value too!

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

It’s great that you’ve already started practicing with NOI and cap rates for evaluating properties, but you're right that smaller properties, like quadplexes or less, are often valued differently.For residential properties with four units or fewer, the market tends to focus more on comparable sales in the area rather than purely relying on income calculations like cap rate.

Sure, the rates might be a bit higher, but for investors who need to move fast—especially in this market—the flexibility is worth it.Another trend we’ve seen is a shift in focus from appreciation to cash flow.

If they do not pay, evict for nonpayment.