I am toying with the idea of investing in Galveston; but want to build knowledge first.Thanks!

My husband and I have been toying with the idea of a vacation home in Virginia.  

We also know that the administration has been toying with the idea of 12 or 24 months, so anyone that is not acquiring with the intent to hold is taking some degree of risk.

I haven't gone to any LA investor meetups yet but have been toying with the idea more recently.

Thanks for organising the meetup, Dominika M, it was nice to meet you :)I've been toying with the idea of buying a house to live in and rent part out, but in GTA the number just don't work right now.So I'll start with buying 2-4 unit multi-family properties.

If you leverage too much money and your properties are not gaining in value or creating cash, you might soon find yourself in a bit of a pinch.You asked so here is my opinion - To me it sounds like you are in good shape with regard to cashflow so long as the cash finds itself back in your business purchasing you more cashflow and not more toys!

As far as other people living there, not sure how you'd prove it, but I'd likely take pictures of the evidence you see in bathrooms, bedrooms, toys, etc., then leave another copy of the lease with the sections highlighted about late fees, payment, and other occupants, guests and how long they can stay.

That could be another deal I needed cash for and didn’t have, a killer vacation deal that just came available, or maybe a toy of some kind (home theater, spa in the backyard, motorcycle or whatever).

If children can sell over priced lemonade and little "what nots" then age shouldn't be something you pay much attention to. Yes

Not a CPA, but in most circumstances you should be able to, yes.