Department of Housing and Urban Development (HUD) and Bankrate, the big perks of an FHA home loan are:Lower Down Payments: They typically require a smaller down payment than conventional loans, sometimes as low as 3.5% of the home’s purchase price.Lower Credit Score Requirements: They’re designed to help buyers with credit scores that might not qualify for conventional financing.

The vast majority of these units I purchased using private financing with $0 out of pocket. 

If somebody sues the buyer, I want seller and tenant both stuck with the words in the Tenant Estoppel Letter, and not able to testify to anything different.The exact wording of the Tenant Estoppel Letter should be negotiated between buyer and seller as part of the Purchase Agreement negotiations.

Quote from @Joe Davis: Quote from @Jack Phillips: Quote from @Joe Davis: Yes, Go High level is good, so is podio if you can build it or purchase pre-built off the shelf like InvestorFuse. 

-----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Maybe it isn't worth it, but you should consider the numbers and decide...that could push you towards purchasing another rental. - You mentioned paying down/off a rental and needing to consider the tax implication.

Felt with R2R I purchased the property and a team.

I have a couple of buyers that will purchase without due diligence.  

I have not every purchased property in Canada, but my wife is Canadian and I've seen some of the issues her family has had to deal with.  

Loan Amount: We specify this as a percent of the purchase price.