I assume they've also got agents who can help you buy off of the MLS.YUP no such thing as turn key in this market.. if your going to all the trouble to rehab a house your going to retail it.. no way are U going to sell it as a rental.. you would be leaving money on the table.. and no need.

It all comes down to .. do u like owning facebook stock which will go up a lot in value but does not give dividents ( like bay area) ? 

He is a U of A student. 

So the house I’m looking into is 70k, u would want 10 percent as the EM deposit ?

@Gaspare U.

West Cleveland (west of downtown) is where u want to focus.

U can see why there is not agressive new builds going on.. 

Originally posted by @Chad U.

Become a janitor then maybe a maintenance man, then a tradesman, etc.Once youre able to establish some serious skills, then maybe venture out to sales, commision type stuff, etc. youre ahead of your peers already, now u need to keep that gap. 

I wound up purchasing this property with the 25k, and the seller took a promissory note, which after some more negotiating, was 15k.