Inner city isn't affected by fluctuations like suburbs are because they receive more assistance so they are more stable investments even though 99% of people on BP are going to disagree only because of demographics.

I'm not a tax expert but all of us lay people seem to disagree with your opinion.  

I also disagree that VRBOers plan further in advance. 

While some contractors work on a 1099 basis, I worked as a W-2 for safe harbor reasons (the IRS has vague rules about who is a contractor and who is an employee -- picking the wrong one can get expensive for the parties involved when the IRS disagrees with your choice).I also had to learn how to live on a lumpy income stream as a contractor (if the agency didn't have a project for me to work on [no "billable hours"], I didn't get a paycheck).

  @ Russell Brazil - no such document was signed and in the contract ( Standard realtor PURCHASE agreement section 19 - this is the legally binding contract that was used to purchase ) it gives seller the right to examine the title and notify the buyer if there are any problems so they can cure the default  before the closing date.

@Corina Eufinger  I respectfully disagree. 

So hopefully you'll forgive me if I disagree with the fatalism of you and @William Jenkins. 

@Roy Cleeves  I disagree, for a investor outside of Ontario, it would never be better it invest here than not invest at all.

Most people here on the forum will disagree with me but the time you will spend vetting Turn Key companies could be spent learning the business to become a better investor. 

Ken I disagree as to the cap rates being the same as what your referring to above and in the commercial real estate world.