I have the same idea as you and I think thats the best, most reasonable way.

You should look up the Augusta REIA group and come to those meetings.

@Brian DeanI invest in Ontario and I live in Winnipeg.

But in today’s market, with high interest rates and increasing home prices, finding a perfect deal that checks every box is nearly impossible.

Hey @Justin Brown, what @John Underwood said is spot on.SLC has been restricting STRs for a long while now and it isn't going to get better.People who have STRs in areas where they are not allowed are breaking the law and will eventually pay the price.Having said that, you should check and see if there are certain areas where it is allowed in some way and that is why they exist there.

Where single family rentals weren't exciting to me, building and developing land and redeveloping old spaces really intrigued me.

While it might be good to focus on newer 3/2/2 homes, if you catch a deal that is 2/1 and in the city next door to your target, it is always something to consider.

The reason is that these suspended losses are passive and they can never offset non-passive income like income from your clinical job, only passive income.So it makes sense to be strategic and time your losses so they coincide with the year you become a real estate professional."

We have simple water meters that automatically log to a cloud database and generate a water bill directly to the tenant.

Elk Grove is growing and has been/continues to be good.For appreciation, single family have been better than multi though.