When that buyer closed did they review the roof warranty ahead of time and what is required for inspections to maintain the roof?

The question becomes, is there any way to legally repatriate the income as 'active' income to maintain the favourable tax treatment in the US all the way into Canada.Still researching...

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Quote from @Mike Dymski: Has to be tough to grow or maintain a real estate investing podcast right now with so few transactions. 

Be suspect of any and all unpermitted work.Older homes can be just fine or a nightmare depending on how it was maintained.

I personally think it's a smarter model than the big box right now, but you will get more real life training at a big box.Actually Jonathan, my goal is to offer agents the ability to be an agent-owner of their brokerage by receiving stock awards, and the opportunity for monthly passive income streams that sure help you to 'get buy' in a down market when commissions aren't coming in. 

For a home that old that seems to have major issues and old systems, I’d personally want it close to land value unless I could see it’s been solidly maintained throughout the years, unlikely if it’s been a rental a long time.

This may include examples such as maintaining the landscape, a minor plumbing repair, doing shingle repair on a leaky roof or painting a few rooms between tenants.

The proceeds from the flips will be re-invested in syndication deals or move back to invest in stock market.

That works fine for stocks - which aren't 'needy'... and maybe having a few properties that would be ok.