With consistent rental income and a strong potential for future appreciation, this property offers a reliable addition to any portfolio.

Hello,I have a potential tenant that is part of a Community Living Program and I am looking for other peoples experiences dealing with these types of tenants.So the tenant had a traumatic injury and now their insurance pays out a set amount each month to cover their living expenses.

These markets tend to have higher appreciation potential but are often cash flow negative unless you make substantial down payments.

Hi Edward, I agree that investing in the out of state market may be a better idea in terms benefiting from potential cash flow at a more reasonable price. 

Likely, but you're ensuring a (potentially) happier and more loyal tenant for the long-term. 

I wonder if it is feasible to pre-qualify prospects financially and criminally before touring"No, that's a fast pass to getting sued for violating a whole assortment of laws, how many and which all depending on the specifics to the potential buyer. 

Get the inspection but remember they are looking for hazards and not considering what repairs will do to the final value or monthly rent.

What are the potential pitfalls or challenges in launching and running a title company?

Not only are they knowledgeable but they can potentially get your plans through quicker. 

Specifically, I’m drawn to distressed properties, such as pre-foreclosures and foreclosures, because of their potential for strong returns and lower acquisition costs which I feel is a great combination for a new investor with my budget.That said, entering the U.S. market as a Canadian comes with its own set of challenges, and I want to make sure I’m approaching this the right way.