1 Bed 1 ba condos can be difficult at times, making the design as unique as possible such as adding accent walls or expensive finishes throughout the home that matches your towns aesthetic/niche are valuable additions to smaller homes where you can't usually add a pool table or other amenities you would find normally in a house. 

There’s a major advantage here, especially for the seller, as it can help them defer capital gains taxes.

A lot you can gain from these forums, but some you just have to jump in and learn.  

PREVIOUS AIR BNB PROPERTY   <--------- link to previous Air BnB we flippedSome say that numbers are down for Air BNB and I'm here to tell you it is all in how you look at ( and structure it ). This, our third renta...

How will the capital gains and rental income be taxed (not just by US, but by Canada as well)?

Thanks that will help I’m gaining some contacts and want to reach out to them to see who I would want to work with. 

First, your tennant is valuable, even if they are getting their deposit in at the last minute. 

Here's why this happens:The ARR is simply the average of the annual returns, without considering the actual capital invested or how much money is lost or gained over time.

The majority of that time I was using it for personal gain, buying properties essentially for myself. 

Connecting with locals who have experience in this area is a fantastic way to gain insights and avoid common pitfalls.Since you’re looking to buy in the next 12 months, I recommend starting by networking with other investors and real estate professionals in the area.