I have been reading the online resources about getting started, searching the market, and even doing tours, but I am hesitant to jump in and buy a house as I have quite a large amount of student debt.

Nashville is such a great market to get started in! 

Hey Paul, I've done a few of these with buyers moving money from California to the Detroit market. 

We hit the first shift of becoming a favorable buyers market.

In high barrier markets, rents have gotten stronger but not the double digit growth we had seen, which was an anomaly.  

Be careful when you select entity types.A pass-through entity in the United States, such as an LLC, may not hold the same characteristics in Canada.What market are you looking to invest in?

It’s important to ensure you’re comfortable with these risks and consult a financial advisor.If you choose to use a HELOC, consider traditional financing or private loans as alternatives if you prefer not to risk your home.As for your first rental, markets in the Midwest and Southeast offer great opportunities with turnkey properties that are tenant-ready and appreciating.

These numbers suggest this could be a strong buy-and-hold investment, assuming the market supports your rent and expense estimates.Good luck!

I joined various internet marketing programs and mentorships to find ways to transition from my W2 job.