Sounds like Toronto is gonna be part of the US pretty soon.

I know nothing is guaranteed, especially with the way real estate is today but I was only asking this question to see if my plan sounded good and if reaching out to that many people did in fact give me a really good chance at finding a deal.

Sounds like we are in the same boat with a handyman :) And to @Jonathan Klemm point, I have to weigh the mental capacity of handling issues remote versus spending time with family.

Yep sounds like you got it. 

However, if you’re running an investment group in another market, we’re open to licensing it or finding a way to make it work for both parties.If this sounds useful, DM me or comment below, and I’d be happy to share more details!

This sounds like a development, so you and your team should have years of experience and a track record of success before you take other peoples money. 

Sounds beneficial but for $5K, I want to hear a person's actual experience. 

Doesn't sound like it makes sense.

It sounds like this is their personal residence.

It sounds like a single family house where you will be living in the house(personal use).Therefore, you may not be getting the tax benefits you think you are.Consult an accountant.I am not sure why your sister would agree to this as well, she is losing $170,000 in this transaction and she faces the possibility of you increasing her rent.You also have to charge market rent or close to market rent or it is all deemed personal use.