Keen to connect with engineers and architects in North NJ - Jersey City, Edgewater, Englewood Cliffs (Hudson county and Bergen County).

I'm investing in fix/hold rentals because I like 4 profit components:a) cash flow on monthly rental exceeding all expenses (although only around 0.8% to 1.0% of purchase price in my targeted A/B class rentals b) tenants pay down the mortgage over 30 years....significant equity growth.c) I renovate them and add value....the fixer-upper margin is niced) Denver has been appreciating at something like 10%/yr.All above are tax-advantaged, and tax-deferred.You'll find on BP that "cash flow" rental investors are really keen to maximize/emphasize "A" only....seek 2% in OH, etc.

I know you're keen on using OPM for the equity portion of your deals, but for the debt portion - are you usually entering into conventional funding with bigger Canadian banks or using other resources? 

I'm sure there are a lot of investors with way more experience and funding they can tap into that wouldn't shy away from the auctions, but I'm not so keen on it now. 

But the first thing I would do is try to check the sentimental nature of an inherited property and give a keen eye to whether it makes more financial sense to go the brrrr route or just sell it and use the capital elsewhere.

I see that as the worlds worst place to own rentals.. sky high tax's  you pay big state  tax in CA... foundation issues in Texas and storms .. not keen on Texas unless you live there.. tax man cometh and tax man taketh... were folks do good in our area is work just across the border in WA and do all your shopping in no sales tax Oregon..  

With that being said, I really wanted an affordable entry real estate, and was looking at possible rentals in the areas near me that offered a decent price, with a keen eye towards a multi family unit.With that being said, a foreclosure popped up (multi family) and is set to go to auction in a few days.

I also tried https://www.rentecdirect.com/ they had a GREAT tenant finder that found your tenants online presence (social media profile), I wasn't keen on the software other then the tenant locator side! 

Keen observation here! 

I am a keen traveller, and sailed in the Caribbean, and lived one year in Hawaii.