So the six plex is in a northern Alberta small oil town.. The town has horrendous vacancies, a building with $1650+/m rent are probably 90% vacant.. Building with $950/m rent is around 50% occupied.. That's where I come in, 6 Plex is foreclosed and appraised at $270k, I've put it under contract for $150k. We will be doing inspection and contractor remodel quote next week.. My plan is to freshen it up, and put it up for rent, the lowest rents in town.. Am I brainwashing myself this will work? On downside, assuming 0 vacancy, I can hold onto this building for a long time, until oil price comes back, so that's good lol Anything that's jumps out at you in this scenario? I am buying to position myself for increasing oil prices, under no illusion it will take some years.. Thanks!