I would suggest look into Forth Worth2014 housing 1st quarter projections -

Am I expecting too much for quarterly or even a 6 month inspection?

If she was ever served with a notice of foreclosure, even if the lender did not follow through with the sale, she can't do anything with the property except sell it and payoff the lien.The law allowing for the forgiveness of debt to avoid taxation is about to expire so now that she has waited she may have a tax liability on amounts written off from her underwater property.A short sale would be best, if she qualifies, but to do a short sale the owner must have a financial inability to pay, I'm not sure the bank has to agree if she is sitting on cash.IMO, she needs to pay as agreed, catch up the loan, then lease it over time allowing the value to come back and then sell it. :)

The course was $400 plus around $200 for other incidentals and the state test.Costs to maintain license isn't cheap: Broker - $65 per month...Realtor Board annual dues - $400...Quarterly MLS dues - $109...EKey Services (about $100 for setup) and $205 per year....so broken down monthly you are looking at - $151/month.

How government influences financial management decisions along with taxation.

Because you never know, a PM that's been good for one quarter might be MIA the next.Plus the tenant issues can sometimes be ridiculous.I've been divesting in these units for awhile.

Being a realtor we had similar plans (1 mail contact once a month, Newsletter once a quarter, etc) I am most excited because this business advice does not just seem like an "info-mercial" It seems like their is a recipe for success.

But pulls in about $100/mo in quarters w/ small marginal cost ($10-20).

Up your way @Mike Hurney has a couple of meetings on the North Shore, there is the NEREIA in Chelmsford and @Justin Silverio has been doing a quarterly unofficial BP meetup in Woburn.

If you will be investing in Canada, there will be some differences, most notably in the areas of regulation (law), finance (which you would likely know already), and taxation.