I’m wanting to be prepared and educated since I’m new to this and looking for advice.

There are, of course, also things like politics and tax policies preventing the New York side from developing its tourism sector to be on par with Ontario... 

Prices are currently high, so we’re looking to educate ourselves on how to find a good deal.

Upon further investigation, I found several more properties under similar circumstances.At first glance, it seems possible that these properties were either gifted to the nursing home by former residents or claimed as repayment for services rendered.I’m new to real estate investing, I’ve been in the education phase for the past 2-3 years.

Neither do I, thats why i was asking the process :) Any education you have on Sub To?

Bigger Pockets is a great place for education and networking. 

I try to evaluate a unique property 2-3 different ways, then make a highly educated guess based on my knowledge of the market.

It's good you're seeking advice and educating yourself!

Focus on education, networking, and analyzing deals carefully to ensure your first investment sets a strong foundation for future growth.Good luck!

Unfortunately, this problem waste a lot of my time that could be spent on other investments.I have used the same tax professional for many years and he is very educated, but also much older than me and it's hard for me to understand all the reasons he has expressed why is better to put the rental on my personal tax returns.