Many of them struggle to relinquish control and delegate tasks to specialists who are better suited for those specific jobs.

Quote from @Gregory Wilson: This depends on what level of control you can exercise over the W-2 employer.

I would also be concerned with land rent going up over time, and having no control over that.  

Spend $50 and read the to; three books about real estate syndication.

I am looking to buy fixer upper homes in Calgary, but I am going to spend most of my time finding deals. 

They probably got the Golden Visa where you only have to spend 500k on real estate to qualify and you get citizenship in addition you only have to spend 2 weeks a year in country. 

So if you spend $1,000 and amortize it over 6 years it’s 50 cents per day.

Understand Proposition 13 for property tax benefits, local transfer taxes, and strict tenant and rent control laws.

Income Late fee Gross rent Expenses Advertising Cleaning Gardening/lawn mowing Insurance Interest on loan(s) property tax Legal expenses Pest control Property agent fees/commission Repairs and maintenance Water charges Electric Bill Total expenses Net rental income or (loss)

Wholesaling is a mirage that social media and fake gurus make seem easy when in reality, most fail miserably and spend their money on one month of marketing when everyone knows it takes six to eight months of cross-platform marketing to make stuff happen.My best advice is not to wholesale.