If you’ve been active in the area, I’d love to hear your take—what’s working, what’s not, and anything I should watch out for.Appreciate any tips or advice you’ve got?

I’d appreciate any guidance or tips to get started on the right path.

We joint own 4 rental properties but we have only put his name on the Schedule C when we file.

Just make sure you draft an operating agreement that outlines responsibilities and expectations.For financing, and if you choose to go through an LLC, DSCR loans will be a great tool.

These immigrants are largely responsible for the upswing in the rental prices as they generally do that purchase quickly upon coming to Canada.Originally posted by @Sam Hanaa:Any one investing in Windsor? 

Appreciate the response and useful information!  

Quote from @Rachel Jane: First post, no idea what I’m doing, lolMy grandfather passed away and left me his condo, which is fully paid off (and located in a seniors residence) It’s worth approx $500,000 (CAD).

This may sound harsh, but I would actually put this on the tenant to get his rent payment back.

Your ability to identify properties and markets where you can generate equity (both imputed and appreciated) while using debt responsibly and knowing when is most appropriate to sell is how you acquire more real estate. 

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.