@Chuck - Thank you that is very encouraging!!!

Part of their philosophy is to provide strong returns to the investors.

Is that good philosophy for business?

My first suggestion is to buy the BP Books to further your rich dad "Philosophies" into actual "doing".

Collecting the Money from non-Performing BorrowersIt has been getting harder and harder over the years to be able to encourage people to pay what they promised, and all of "attitude" by our current POTUS and all of his minions regarding mortgage loans in default has made it harder in my opinion.

He explains a lot about his philosophy on his website (bawldguy.com).

Ask questions, stay engaged and encourage others.

I use to live on the other side of the island (Saint-Jean-sur-Richelieu) and then in the middle (rue Saint-Denis) many, many years ago.As you have already noted, there is a welcoming and encouraging community here on BP with lots of experience and sage advice.While much of the information you will find here is universal, but in the areas of finance, regulation and taxation things are a little difference here in Canada (particulierement au Québec) - working in credit at RBC, you may already be familiar with the distinctions.Investing in real estate as part of your portfolio is a wise idea and if I can be of any assistance, just drop a note.

My philosophy is if I have to follow the lease than so does the renter.Before I will "break the lease" I require the 2 months fees.

As a new owner, you will have to honor their leases for the remaining time period but you can make changes that highly encourage them to start moving.If you're concerned about environmental issues, you can get an environmental study done; they can be a simple Phase 1 or more advanced report each going up in price.