Heres the basics:SHORTSALEARV: 155-160kBPO target: 140k(I will be there to do everything I can to influence price)Target purchase price:112k. 1st of 220k (WF) and 2nd of 60k (handled in bankruptcy court and home owner currently paying it down)I am pleased to say a family friend has chosen me to handle their short sale.

The question applies regardless of the entity type.I hear the thoughts on not needing an entity but I've chosen to use an entity to purchase any property I buy.

I have chosen the path of a Wholesaler to start.

I echo what's already been said - it's critical to set up your legal structure first - and have an excellent team on the ground in your chosen area.Marc Ramsay and Steven Huang, are also from Van and are investing in the US - have a look at their posts.

What is your chosen niche(fix and flip, turn-key rentals, wholesaling notes, etc)?

Pay someone who is sucessful in your chosen field, may need to be in a different area, a lot of sucessful people are much more inclined to help people if they are not training their competitors.

The 15 or so I've chosen to follow up on are in stable neighborhoods, appear to be in fairly good condition, and have tax appraisals between $70,000 and $145,000.

Marketed in a way that made it sound like it would be an honor to be 'chosen' as one of the few.  

Apply chosen limits to all applicants.)But sometimes even good tenants can turn into bad ones. 

Oh, and instead of an up-front deposit, I have chosen the route of "additional rent" each month for the pet.