There are companies that allow you to invest extremely passively in areas that are very affordable.

Capital raising can be extremely time consuming and can become a job in itself.

Hey @Adriana McLaughlin - I am not a tax expert, so I am tagging @Steven Hamilton II and @Aaron Zimmerman both local Chicago accountants.If you are even considering becoming a real estate professional and leaving your W-2, it sounds like you already have your answer—you should totally do it!

Most locals on Biggerpockets seem to think that Calgary is almost at the point of becoming unaffordable or extremely challenging to find investment properties.I work out of Winnipeg and invest in Winnipeg as well.

I would highly recommend passive investing which will allow the experts to take the risk and acquire the debt and manage the toilets, tenants and trash.

I am interested to see what the experts would recommend I do.

Emails answered untimely, POF banks and realtors have had extremely difficult verifying.

If the building is unused and the town recognizes the need for an ALF, you might be able to negotiate an extremely favorable deal. 

Hello Experts,Background: we are working on a 8 unit deal (2 parcels x 4 units on each building) - we thought this would fall into residential loan and we almost completed the paperwork, but the lender came back stating they cannot proceed forward because the zoning is classified as commercial. lender is asking us to work with listing agent/owners get it re-zoned as residential. 

.- A PMC is not going to go to the extremes owners do as a PMC can only afford to spend X amount of time on problems for owners - or go out of business.