My initial recommendation is tighten up your lease.  

Well, like any endeavor, you gotta get past the initial learning/no profit hurdle...any wealth building system is gonna be a challenge.

In the initial years, cost segregation and other deductions can often offset much of this tax, so UDFI shouldn't deter you from real estate investing within an IRA, as it can still be a lucrative retirement strategy.

Where I do agree with James, but this is Section 8 or not, there are somethings that cost more initially but will save you a lot of money over long run.  

Hi all, new here at the forum and thank you all for all the knowledge you guys share…its amazing.I am interested in this question as well as we just got back into this from like 10 years ago, few things have changed for us, and the main one is finding deals with whole sellers, sometimes the price looks good, but once we add numbers we are currently seeing that everyone else in the deal makes tons of more money than us….for instance, we have checked properties now, where we pay closing cost, interest on a portion of the borrowed money, commissions after selling the property, etc and we see 30-40k going out on all of this,  then we barely make a 20k profit or less on a property of 200k …many of the deal we found we barely get close to a 10-15% of the initial purchased price, which to me sounds like a lot of hassle and my wife says that i am getting old and too picky :)i keep saying that ideally we should shoot for 15-25% profit from the purchase price…if i get a property at 200k and the rehab is 50 and everyone else makes 30k then we should at least net out 30k as well.

I'm starting to worry less about initial cash flow (I mean, I don't want it to be hundreds upside down each month), and more about does it break even or get really close?

Initial thoughts revolved around this structure, specifically 50/50 but its a great reinforcement to hear it. 

My initial question, does anyone know what's involved to invest in a US market as Canadians?

It was a slow start to the initial spring 2024 shopping season, but properties are still closing quickly, still nearly 1/4+ for all cash and the majority of investors are well capitalized due to the appreciation of their real estate and stock based assets. 

Initially I wanted to use vinyl snap together flooring since it is pretty durable and I have worked with it before.