Statistically, you're more likely to deal with evictions (people that are one bad flu away from missing rent just can't be as consistent as people with more money, sadly), and the Section 8 program is loaded with red tape, inscrutable changes, and general headaches.

You are required to hire a 203k consultant which in theory should be beneficial but in reality it is alot of handholding and red tape.

Today, the LV market is red hot as compared to 7 months ago only hot.

The yearly maintenance expenses plus the loss of equity were in the red and she’s on social security.

Just put it on the red😊

Hey Matthew We did the same thing, we were to focused on getting it done and wham a red post it was out on our door.

It's a red flag when a tenant wants to pay for a year in advance.

If there is a ruling in favor of the landlord they can apply for a red tag and setout with the bailiff.

For anyone that is starting out in Calgary, here is a mapping tool that I use to check land use zoning and property assessment values: https://maps.calgary.ca/MyProperty/ While analyzing one deal, I noticed that some properties have a dotted red line around it.

Attention to detail is of utmost importance in this business, and assigning income to property you don't own or not substantiating basis for a disposition (or depreciation) is a red flag to me.