In this case, the advantage of investing in the US or Canada was the ability to leverage through borrowing at artificially low interest rates.

The ability to perform this analysis requires financial literacy and the capacity to underwrite the deal of your dreams.Therefore, the most direct route to a career in development involves acquiring the necessary skills and tools to accomplish the job.

The greater ability to repay, the greater chance of qualifying. 12-24-36 months of reserves are a common underwriting condition. - Two appraisals.

I am not someone that condones, or ever believes that someone should buy a property with a rent to own contract, unless they have the credit and financial ability to buy the property when they sign the agreement.  

., refrigerator, stove, dishwasher, microwave)]Utilities: [Indicate whether utilities are included or not]Pet-Friendly: [Specify whether pets are allowed or not]Outdoor Space: [Describe any outdoor amenities like a backyard, patio, or garden]Additional Features: [Mention any additional features like hardwood floors, fireplace, or walk-in closets]Property Highlights:Spacious and well-lit interior with [describe any notable architectural details or design elements]Open concept living and dining area, ideal for entertaining guestsFully equipped kitchen with modern appliances and ample cabinet spaceRelaxing master suite with a private bathroom and [mention any unique features][Add any other notable highlights or selling points of the property]Location and Neighborhood:Situated in the heart of [City, State], our home is conveniently located near [mention nearby amenities such as schools, parks, shopping centers, and public transportation options].

From the looks of your investments, you have made bad choices or overestimated the metrics so the issue is on the buy side, not the rent or sell side.You are off to a good start in acquiring, but you haven't met your own expectations on either deal which either means you are trusting the wrong people or overestimating your abilities this early.

The seller however does not have any documentation to show he made any reasonable efforts to evaluate the borrower ability to pay the loan.

I am very new to REI and would like to know if this is a great opportunity to buy in an up and coming area or if the residential properties will negatively impact my ability to rent out my other unit.

You would only have to prove your ability to pay the existing loan and would not be qualifying for a new loan with all of those FHA requirements.   

Since we were discussing bank statements, most lenders will want to see the ability to repay (in additional to having paid on time) and usually a minimum of 3-6-12 months of equivalent mortgage payments in reserves.