Main thing for you is: - Have both you and your buddy talk to the same lender and get pre-approved to understand down payment options and what your combined budget would be- Decide how you want title held (joint tenancy or tenants in common) - do a google search on this to see which option is best for you guys- START SHOPPING!

Thanks Jasper for the information, yes, I'm interested in meeting Canadians here, whether they're investing in the US or in Canada, a lot of common interests on many fronts, taxes, that you mentioned is a big one of course.

Quote from @Adam Hoeker: Software is a common question on BiggerPockets.

Hi Norma,I recommend using a DSCR purchase whereas the property qualifies itself, no tax returns , no employment or income required.

Understanding the market helps to create common ground for us to meet.

We also have HELOC's and HELOAN's on investment properties as well, even using bank statements as income, if self employed too.If you'd like to explore your best options, let's talk for a few minutes to determine the best rate and payment strategies.ThanksCraig

You have to decide.Software is a common question on BiggerPockets.

So don’t think this is some common way to make five figures with little to no money.

ALWAYS consider common sense repairs before making a choice to demo and replace anything.

@Grant Bartel Replacing a bathroom vanity is a common upgrade or replacement project.