The houses you acquire are your inventory, they are not capital assets (tools) of the business.As for operating as a business, whether you are operating as a sole proprietor or through an incorporated entity it makes not difference when it comes to the distinction between inventory and asset.

That should tell you zoning, if there are two distinct parcels, the "improvements" to denote the number of permitted bedrooms/bathrooms.

Analysis is a multiple step process involving 3 distinct areas...market, rehab and property.  

Within each of those cities that you listed (and every city for that matter) there are distinct sub markets that have unique characteristics, so understanding who you want to serve will help you determine the BEST location for your investments. 

Lastly your real bang for your buck and distinct advantage of a duplex is better cash flow and economies of scale.  

The distinction here is there is an open trading market for the major alt coins which means its speculative but there is no in between fraudster siphoning money out.  

Originally posted by @Meghan Chomut:In Canada you are able to deduct the following expenses:advertistinginsuranceinterestoffice expenseslegal, accounting, professional feesmanagement + admin feesmaintenance + repairsproperty taxestravelutilitiesmotor vehicle expensesFor expenses incurred in the purchase ie. legal + renovations - those are added to your capital cost allowance and not deductedThere is a [fuzzy, grey] distinction between a repair - which is an expense deductible in the year it occurs -  and a capital outlay - in which case it becomes part of your adjusted cost base and depreciated (CCA) over several/many years.   

My question/thought is simple:Isn't there a DISTINCT difference in the stigma of the $50,000 house depending on WHERE it is?  

There is an interesting article below that is focused on REITs but has some good analysis that actually argues the effects may be nation wide, and also has some good data on the apartment markets supply and demand fundamentals aside from the effects of flooding:https://seekingalpha.com/article/4102880-quantifyi...I still remember distinctly that I was in a Marshall Reddick "seminar" in early 2006 and he had a bunch of guys that were scaling up out of state in Mississippi, that were trying to say how great Hurricane Katrina had been for them since their property prices skyrocketed afterwards ... in retrospect, the supply shock to that market from the hurricane temporarily covered up some deeper supply and demand fundamental issues that would later resurface in a big way, as we all know. 

There's a monumental distinction between "can" and "should".