A job in the medical field will undeniably boost your real estate investing.

I would imagine that the Federal Laws in the United States would be dramatically different than the laws in Canada.

If you want to make 30-40% on $100 million, I would say that is highly unlikely to happen.On $50-$100k, depending on the market, you could definitely do that.The ratio of your time to the money you have can change your percentage return dramatically.

If you think otherwise or have a plan you wish to share, I would love to hear as it may be the missing link to boost all motivation towards the rental genre.With this being said, and my apologies for the long story and the hijacking of this thread., I wish the best in your endeavors and to a successful journey that lies ahead!

My question though is that if the most recent property tax is based on the previous sale price, if your purchase price increases dramatically then wouldn't you get a huge spike in taxes?

Are you in need of a boost to help give you additional means to pay your car bill, education loans, credit card debt, etc.?

Are you sure they are legit renters and not put in there to boost up the numbers?

Needless to say, I feel they are not going to respond favorably to my dramatic increase in rates.

I'd recommend getting a few deals under your belt and to keep track of the results with the goal of using them as a confidence boost for future potential partners/private investors. 

..once you are negotiating with the bank and agree on a NET PRICE to them, you can boost the purchase price adding in all rehab costs as part of the deal..you can even have the bank give your Buyers Agent Realtor a $2000 bonus which in most states your realtor can REBATE to you on the closing statement (limited to a max of up to 1% of the agents usual 3% commission..so there's probably a few extra bucks going to your realtor in the end and she will love you for that.