At the end of the day; you need more money to do something like this.MAX LTV on new builds is 80% LTC, Meaning if the build is $550,000 and Land is XAdd ($550,000 + x ) * .8 = LOAN AMOUNTYou would need to come in with MINIMUM 20% of the cost in addition to closing costs and reserves, $80,000 is not going to cut it for this project.

And when that someone else says the house, they will pay capital gains and depreciation recapture on the sale.

There are a number of real estate Meet ups monthly in Calgary market advertised on Eventbrite.

At this point, I'm not so concerned about achieving that exactly, but if my REI journey takes me there on my way to (or even after) financial freedom, then I'm all for it.There's still some work to do to prepare financially for "the first deal" and that moment legitimately appears to be about 2 years away. 

Quote from @Roland Stone: Anyone on here get on board with Anderson Business Advisors?

It could be possible to still negotiate a purchase depending on the stage of foreclosure it is in. 

Until now I've focused on distressed single-family and small multi-family properties for rehab into rentals (BRRRR).

I still hire a videographer though, I just use this website to complement the content I create for the home I have.AI in general has been on a crazy uprise. 

I would get a couple of other opinions on the quotes that are coming in and what you are being charged.

I have been listening to the podcast for a few months now and watching the "Real Estate for Rookies" YouTube show and I've been learning and also reading different books on real-estate investing.