Basically from what I understand you collect a few thousand option to buy that is no refundable.

It's a collection of the best flipping info from the site.See you around the site!

This will result in the CRA collecting <=10% taxes on repatriation of retained earnings.Here is an overview on repatriation of investment income to Canada (from the U.S.A. in the example tables).

I would recommend you install noise sensors so keep a tab on guests and collect CC information from every guests.

For Example, my Note Investing notebook has Sub Categories for Consolidated Note Resources, Goals, Note Buying Criteria, Foreclosure Timelines and Costs, State Specific Notes, Systems for The Note Business, Collection Time Tables, Note Conferences, Bankruptcy in Notes.. 

You'll also need a way to collect your security deposit(s) and rent.

You may need something from a property management/rent collection standpoint to complement QBO.

Some state limit the fee you can collect and may limit who can collect - only attorneys for eample.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

The $55 tax that is paid every year on a 15 year old car probably cost $40 to collect when you figure fully loaded overhead.