It's not much of a consolation, but I believe in the power of growing oneself bigger than ones challanges.

It drives me crazy when people distinguish because that's what can get people in trouble.

Holding oneself out to the public, even under the guise of exemption to license, can easily cause that person to be required to hold a license.

I called started calling myself an investor ten years ago as a way to distinguish myself from RE agents.

It is 70 and sunny today. ( Don't mind that lava flow over there, it's 70 and sunny) There is a good reason why they don't teach it in academia. thanksMatt I doubt that 70 and sunny would apply very often in markets where the 2% rule applies very often, unless it comes with 90% humidity, an 80% chance of getting mugged, and 70% chance of the property being worth less in 10 years than it was purchased for :)Just to stir the conversation, though, we should distinguish between the 2% rule at market price & rent vs. the forced appreciation 2% rule.

Either one should budget that in the pro forma numbers, or do it oneself.

With all I know it seems that both sides reacted hastingly and the distinguished professor was over sensitive.

Price appreciation of the property, which is hard to distinguish from #5.5.

Very difficult to distinguish between when a bank will exercise the due on sale when looking state to state let alone distinguish between the US and Canada.

What distinguishes it as an investment is your motives - whether you hope  to make capital gain/income or whether you just want to live in it.