Technology advancements such as email, phone calls, skype has enabled communication with a remote CPA to be seamless.

I am reaching out for some pros and cons of becoming an agent in Nashville right now and then possibly some alternative career ideas that enable me to get into the real estate space.  

Using the Podio platform as a cloud based business platform, and tying in the external integration features as well as over 130 Globiflow Flows is what has enabled me to be successful at wholesaling while working a full time job as an engineer!

Now I have to switch bank accounts and find a safer way to enable tenants to make deposits in the bank.

My questions was if I'm getting rental income to offset the mortgage, if they would "omit" that debt and enable me to qualify for higher amount of loan.National bank said:Yes, if you provide (1) signed lease agreement, (2) security deposit and (3) first month rent, then we can negate your rental property debt (mortgage) and qualify you to a higher loan.  

It wasn't selling term life insurance policies that enabled those companies to purchase that premium real estate.  :-)

@John DelacruzNo offence to @Joshua Hollandsworth, but you can ignore his mortgage advice as it is not applicable in your situation.In Canada, you may qualify for a CMHC high-ratio mortgage as a first time homeowner which would enable you to make a downpayment of only 5%.To decide between a fixed-rate or closed {aka fixed-term) variable-rate mortgage on a personal residence, it comes down to what are your objectives and your ability to deal with financial change.  

Kicking on thousands of doors delivering you became used to talking to people rather easily and making connections.That enabled me to have energy for real estate.

A Solo 401(k) Plan would allow a much higher tax deduction - $54,000 or $60,000 - depending on age, but the source of that income must be a "trade or business" and the sale of long-term RE likely will not qualify.The 1031 enables the investor to defer capital gains recognition by "continuing" the original investment through an exchange.

This is just one way it can give you the position that you might need to WIN IF.... your going up against all cash buyers.You might be able to remix that strategy a couple of times to find opportunities that would enable you to win.