@John ThomasIf you want to develop your rental property and reach financial freedom with real estate investments then begin early following these basic steps: research, network with professionals, look for a local market, put together a team of experts in this field, assess your financial situation, specify the criteria for investments, adopt baby steps, get to know all the details about the area where you want to invest money, then invest them or take part in any riveting event after thoroughly examining it.Put together a group of pros—people like farm operators, land agents, building firms' representatives, lawyers who handle real estate law issues or litigators dealing with real estate disputes, loan officers.

Stacy, Be encouraged, you're in a temporary set-back on a worthy road to wealth-building & financial freedom.

Aside from the umbrella coverage, you can do everything in your power to make the property safe.

Find out how much those late payments really hurt your borrowing power (ie get actual numbers on how much you'd pay now vs once your credit score goes back up). 

.- The 23 year old who just bought the first house-hack may teach us something game-changing.The “real deal” looks very different in many contexts: THAT is the power of BiggerPockets.

Base-line, it's about a ferocity of self determination more powerful than the obstacles that will come. 

Knowledge is Power but Knowledge without Action is useless. 

No lender is going to risk their own borrowing power on an already great performing asset.

In conclusion, the parallels between the financial challenges of 2007-2012 and the current market conditions of 2024 serve as a powerful reminder of the cyclical nature of our industry.

Share the love and I'll update the list.Property Search:Realtor: https://www.realtor.ca/REW: https://www.rew.ca/Zoocasa: https://www.zoocasa.com/Zolo: https://www.zolo.ca/Rent Info:Rentometer: https://www.rentometer.com/Rentals: https://rentals.ca/Craigslist: https://toronto.craigslist.ca/search/apa - change to your city (Very good interface, surprised for Craigslist)Padmapper: https://www.padmapper.com/Lending/Mortgage Rates:Ratehub: https://www.ratehub.ca/mortgagesRatespy: https://www.ratespy.com/Stats / Data:Stats Canada: https://www12.statcan.gc.ca/census-recensement/index-eng.cfmCensus Mapper: https://censusmapper.ca/ - Powerful if you know what you're looking forCity Data: http://www.city-data.com/canada/House Price Index: https://housepriceindex.ca/#maps=c11RBC: http://www.rbc.com/economics/economic-reports/canadian-housing-forecast.htmlDeal Analysis:Dealcheck:  https://app.dealcheck.io - They have a great App for mobiles tooThis list is nowhere near exhaustive.