Now I am inheriting a huge fixer-upper in Dallas which we will probably live in for a few years after it is repaired.My ideal situation with REI is to buy and hold multiple properties while also flipping a few per year to supplement our income.

He lives across the street from 2 of my properties in FL.

Search for properties listed 90+ days.

I wonder with Canadian economy struggling if there is potential to purchase distressed properties that could be converted into long-term rentals or successful AirBnbs (especially in the cabin markets that have been hit hard).

Hey Stepan,In today’s market, finding solid flip deals requires being more strategic with property selection.

Just make sure that the new property can cover the HELOC payments as well as its own mortgage.

I mean one of these posters was told their "turnkey" property had dangerous sidewalk conditions questioning how "turnkey" the property was and their response was the tenant's don't care about the sidewalks.

I may be wrong but you cannot refi unless the property is seasoned for 12 months when using Fannie, Freddie, Ginnie.

I'm looking at properties in Kentucky and Tennessee currently for LTR.

If you can find these all day you should quit being a lawyer and become a commercial broker, because this property is worth way more than 2.1MM.