Now with that said if you can take some of that profit you make and use it to give back to someone in need as part of your investing strategy I think your helping others and being a positive influence in the community all around.  

Something to consider, because a reassessment at $200K would boost your tax bill $582).Insurance: $1,000 (This is an estimate based on duplexes that I own, but it may be a little light because I have $10K deductibles, something your lender will not allow).Total Operating Expenses (43.49%): $9,916 (This does not include vacancy.

As Wayne said that won't win you any points with the agent and the agent can have strong influence over the owner.

I want to get some thougths as to whether im missing anything.Area: Nice little 'alcove' of multi-family properties, we drove the area and researched crime maps...area seems good and is growing economicallyPurchase:ARV (from comps): ±$110,000-114,000Purchase Price: $104,000Purchase Closing Fees: $5,800Estimated Repairs: $5,000Income:  $1,595Expenses:  $1,318.17Vacancy $79.75 (5%)    Repairs $79.75 (5%)CapEx $159.50 (10%)   Water/Sewer $80.00Insurance $85.00          Management $175.45P&I $418.72                  Taxes $240.00Cash Flow:  $276.83    ConC:  9%Cash at Closing (including repairs) $36,800Mortgage is conventional 30-year, 25% down, ±4.8%Has common water meter, so I'm trying to figure out how to push the water bill off onto tenants even though i must pay the actual bill...this might boost cash flow and ROI if i can do it.Thanks,

Strategy needs to have a good deal and equity boosting rehab. 

If the foreign shareholders have significant influence, control, or ownership (>50%) there may be tax issues with regards to the corporation losing its Canadian Controlled Private Corporation (CCPC).

As far as analysis, look up area job growth, cost of living, and main area industries for external influences.

So, it's not about the one trying to do unethical or illegal things, it's about others who may be influenced by the uninformed, naive or the intentional scammer. 

One of the communities I managed was 80% absentee owners from the UK, and with the associated currency value drop, I'm sure they are very concerned right now.Locally we really don't expect to see much influence, unless that specific condo is heavily involved with UK tenants, at which point it might be wise to advertise to other renters.You have some historical numbers, so continue to review the current performance against the past.  

Also, getting cheap financing can boost returns.