Whether you're looking to be an owner/operator or invest as a limited partner, it is essential to educate yourself.

Cash out Refinance: If you use this option then it basically resets the clock on Mortgage and is essentially a new loan.

You want to get the interlocking not the glue down, spend some time looking at the different types, the interlocking does take more time and skill to put down (still way easier than tile and wood) but it is essentially waterproof as each piece locks into the others.  

Utilize checklists and capex estimators to capture essential information and assess the property's condition accurately.Take advantage of property tours to gather valuable insights and make informed decisions.

It helps you find reliableproperty management partnerships and gives you everything you need to makeconfident hiring decisions: Expert Matching: Match with professionals who meet your criteria Extra Assurance: Licenses, experience, ratings, reviews, and more that can be cross-checked with BiggerPockets members Bonus Content: Receive an essential interactive workbook: “How to Interview Property Management CompaniesHere’s how it works: Enter your market and what you're looking for Instantly see top matches and their qualifications Connect with only those you want to interview Bonus!

Essentially this delays taxes. 

Of course follow up is essential.

It's essential to do a detailed analysis and see for yourself the value and support we provide.For more information and to see some of the deals we’ve done with our partners, feel free to visit my BiggerPockets profile.Thank you for highlighting the importance of doing thorough research.Best,Julie Muse 

Repeat: You use the $150k to pay off your initial investment of $100k purchase price + $50k renovation, essentially getting all your invested money back to move on to the next project.

Some lenders may offer programs that allow you to use equity from your Canadian properties as collateral for a US mortgage.Seek Legal and Tax Advice: Since investing in US real estate as a Canadian investor can have legal and tax implications, it's essential to seek advice from legal and tax professionals who specialize in cross-border transactions.