We sold a turn-key investment that included all staff, systems, policies, and procedures.

I asked for the lender to explain how that’s procedurally possible and couldn’t answer.

Study the problems landlords face, learn how to handle them, create policies and procedures, and get ahead of the game.

@Steven WestlakeThis seems like a management intensive business without much standard operating procedures already out there.

There are a few important things to consider when investing from Canada in the US market, one of which is the loan procedure.1.

If you got of law school, medical school, dental school, or grad school, you could still qualify. 

Furthermore, maintaining rigorous property management practices, keeping thorough records, and implementing robust tenant screening procedures can also mitigate risks.

Contrary to what you may hear, I do believe that you should have properties in LLCs, for reasons I won't get into here, but let's say I sleep well at night having full first-hand knowledge of litigation procedures and knowing that if my real estate endeavors fail, it won't be due to collapse from liability.

There are 100 ways to circumvent the testing procedures. 

You do not loose any data, as long as your QuickBooks is set up right and you have a process and procedure to record the transactions.So let me ask you a questions, say you post it to COGS - and I ask you what your profit is for this year.