Challenges?

So far, it's been challenging, but definitely worth it.

(a) A person may acquire an option or an interest in a contract to purchase real property and then sell or offer to sell the option or assign or offer to assign the contract without holding a license issued under this chapter if the person:(1)does not use the option or contract to purchase to engage in real estate brokerage; and(2)discloses the nature of the equitable interest to any potential buyer.

During the last months I'm having some thoughts I wanted to share.Found it kinda challenging to find a deals on/off the market that really makes sense and make the numbers works out.Wondering if there's people out here feeling the same in other markets as well. 

We don't get many natural disasters of this caliber so I'm not sure what to expect for the future.

In any case there is no taxable event yet.As far as your brother is concerned, it again depends on the nature of the transaction. 

And absolutely use an architect on any project that is large in nature. 1) Asking for references is the typical way of vetting a Contractor, but think about it...is a Contr. ever going to give you a bad reference?

Challenges and Lessons Learned: For those who have experience in multi-family investing in Edmonton, what challenges did you face, and how did you overcome them?

This doesn’t necessarily make it a bad investment, but you should be prepared for the challenges that can come with managing properties in this type of area.

Live in while renovating and renting out at the same time might be challenging. 3.