Jerry Norton is a predator scam artist every body dont buy his garbage.LOLThis guru debate will go on and on.An investment of time/money/effort is required in real estate investingIts the "success tax" or the "10000 hour rule" at play, we all have to PAY on the way to success  

I then would have my tax cpa enter in or do it after discussing tax based items (depreciation- MACRS, reserves, year end accruals, reserves, etc.).

Taxes and insurance will be another $400+.

He is very good about deductions on tax returns so his income looks negligible and of course banks wont talk to him about loans.

For an absentee landlord, it would seem that a condo could have less maintenance headaches than a SFH and lower risk in general. 

The key is that in order to completely defer all tax you must purchase at least as much as your net sale. 

One thing to think about are the tax implications of being a Canadian paying US taxes.

@Jonathan Bombaci recommend using that amount as a bargaining chip for lower rates.80% of evictions are wash, rinse, repeat. 

This implies residential units can be built at lower costs and provide better return. 11) adding an ADU to SFH can make the SFH fall under rent control.good luck

I am doing my best to accommodate and fix the insulation as well as see if there are programs in place to lower the cost. however i want to be firm with tenant as they are not compliant with paying rent because of the cost of the utilities.