Quote from @Garry Lawrence: I need advice on a serious situation involving a property I’m about to buy.

Assume you never met them at the property, and fielded 1 phone call from them.

I am currently looking into private lending on another property in either Illinois or St.

I wonder with Canadian economy struggling if there is potential to purchase distressed properties that could be converted into long-term rentals or successful AirBnbs (especially in the cabin markets that have been hit hard).

Quote from @Christian Mejia: We recently purchased our first investment property in Florida with the assistance of Rent to Retirement and I just wanted to say it was a smooth process.

What other methods should I use to acquire another property? 

The past 2 1/2 years I’ve flipped some properties and have wholesaled some.

Michael had built his portfolio from the ground up, starting with a single rental property.

To minimize taxes, consider the following strategies:1031 Exchange Before Dissolution – The corporation could complete a like-kind exchange, allowing investors to roll their ownership into individual properties while deferring capital gains tax.

When I found the property I simply extended the radius of my search and tadaaaa "duplex" cought my attention and especially for a $350k purchase.