Congratulations, your ahead of the game already. 

Property B,  my co-owner lives there full time while I live in property A (he has no affiliation to property A).My question is, how should I view the monthly payment breakdown of property B (further details below)?

(biggerpockets.com)Real Estate Professional Status (REPS)Qualifying for real estate professional status can be a game changing tax strategy resulting in significant tax savings especially when utilized with cost segregation studies and accelerated depreciation.

I am new to the game, but do homebuilders consider buying distressed properties, tearing down and rebuilding?

What's your strategy when you run into guests who are trying to game the system? 

Our Lake House is close to Clemson and we have all the home game weekends sold out at our Lake House for top dollar, same as every year.

But as a short-term solution, playing the 0% credit card game can be an option, but from my experience, juggling from one to the next with no backup plan often ends in paying high interest in the long run.

I would be very interested in talking to you about where you are currently in the real estate game in Nova Scotia as I am 25 years old and trying to pursue a lot of the same goals. 

I have a mentor in the game that is very successful as a yay or nay resource.

Big thanks to Rent to Retirement for getting me back into the game of real estate investing where I'm not doing everything on my own!