Being nearby allows you to stay hands-on—you can see, touch, and fully immerse yourself in the process.There’s a lot to learn, not just about managing rentals but also about overseeing property management companies.Handling tenants and maintenance can feel overwhelming at times, but starting with a property close to home gives you the opportunity to gain valuable experience.

@brian dance Thank you so much for your valuable suggestions. 

I’d love to exchange insights, explore deals, and help each other grow.Feel free to DM me or comment below.

I look forward to connecting with other investors and building valuable relationships within this community.

I'm not sure if this forum is still active, but I'm looking to chat with a few real estate investors in Ontario who may be interested in raising funds by selling fractional shares of their property.My co-founder and I are doing some market research so we need to talk to some folks to gather more insights before building this out.If this interests you or someone you know, please reach out.

Your old carpet did not become more valuable over the seven years you owned the property, even if you are selling for a gain.

@Bayo Badejo, there are so many missing pieces here to even begin to give a real answer.What insights are you wanting?  

I know I'm probably making mistakes along the way, but its been a valuable learning process. 

I’d love to hear your insights.

Very valuable insights, Jay.