Ideally, you do both, with some form of house hacking, such as renting out rooms, or buying a duplex/triplex/fourplex and renting out the other units.Figuring our how much you can borrow lets you know at which price point you can look for properties.I would also mention that first time home credit on land transfer tax only applies if you occupy the home within 9 months of the purchase: http://www.fin.gov.on.ca/en/bulletins/ltt/1_2008.h...You should also look into any other benefits first time home buyers have, which are usually only available if you intend to reside in the property, or at least part of it.

That's why I went with a company name of Premier Investment Properties and Stonecipher Property Holdings so that we have a name that can still be utilized in future en devours.  

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@Andy Basler unfortunately, unlike a debit or credit card, you can’t increase the limit https://help.venmo.com/hc/en-us/articles/209690048-Bank-Transfer-Limits :(

We stayed at this place and loved it: https://www.hipcamp.com/en-US/...I bet you could run power underground from your property to the adjacent lot.

I am not going to minimize what you do and say, "Oh, you're lucky, etc" because it takes a lot of time, energy and money to do what you do; especially in this EN FUEGO market. 

Add 2 or 3 drywall layers for best results.Read this test (look at test #5)http://www.mjm.qc.ca/publications/en/177881_Floor-CeilingAssemblies.pdfThe most critical mistake that people make is not leaving a 1/8" gap between the new ceiling and the wall.  

An en suite probably isn't worth it as much because the other properties in the neighborhood probably don't have an en suite either.

Here are some of major players...http://www.marcusmillichap.comhttp://www.svn.comhttp://www.lee-associates.comhttp://www.us.jll.com/united-states/en-us

The problem for flipping is the non-standard SIC codes for this activity[sic:- standard industry codes per IRS]see  http://siccode.com/en/siccode/list/directory