Then that which shall not be named hit and 6 weeks of bookings were cancelled.I might have been able to turn mine into an extended stay rental but decided instead to help out with a local crisis.

It is a turn key property , A- condition, new roof installed 2005. 3 Units are 1 bedroom and can rent out for $700+ and 1 unit is a 2 bedroom can rent out $950+ Even at that over priced asking price of $234,000 it still can hit the 1% Rule even with me living in one unit for 12 months. 

It is a turn key property , A- condition, new roof installed 2005. 3 Units are 1 bedroom and can rent out for $700+ and 1 unit is a 2 bedroom can rent out $950+ Even at that over priced asking price of $234,000 it still can hit the 1% Rule even with me living in one unit for 12 months.

There is a pocket of multi-family south of the downtown area but it's very hit or miss as far as cash flow is concerned.

Batten down the hatches –– it's about to hit the fan!"

@Collin H. it's still a little early to tell.

Here's a basic calculation:Purchase price: $50kRehab: $30kARV: $100kIf you can hit those ratios, regardless of the actual numbers, you can leave a trail of rental properties in your wake without leaving your own money in the deal.

About 2 months in a house with 2 extra lots hit and I locked it up within the hour.

In the Ontario market after the 2017 spike we did hit a small decrease but overall it rose homes to a new level of pricing. 

Does our credit score get hit multiple times if we inquire from several banks/lenders?