Connecting with locals who have experience in this area is a fantastic way to gain insights and avoid common pitfalls.Since you’re looking to buy in the next 12 months, I recommend starting by networking with other investors and real estate professionals in the area.

Mold is a common complaint from tenants, particularly those trying to exploit you.Mold is everywhere, even in the air we breathe outside every day.

I assume that you are also going to have common equity. 

@Jackie Liu right off the bat, you're making a common mistake!

Same for multi- 65% leverage is pretty common right now, but I even see some pitched at 50-55% leverage.I will say almost everyone lies on the syndication presentations, or they make it look really good. 

Main thing for you is: - Have both you and your buddy talk to the same lender and get pre-approved to understand down payment options and what your combined budget would be- Decide how you want title held (joint tenancy or tenants in common) - do a google search on this to see which option is best for you guys- START SHOPPING!

Thanks Jasper for the information, yes, I'm interested in meeting Canadians here, whether they're investing in the US or in Canada, a lot of common interests on many fronts, taxes, that you mentioned is a big one of course.

Quote from @Adam Hoeker: Software is a common question on BiggerPockets.

Understanding the market helps to create common ground for us to meet.

You have to decide.Software is a common question on BiggerPockets.