Although an investor in your jurisdiction might have experience with similar actions, to get the best up-to-date information (and save others the risks of unlicensed practice of law) you're best off talking with an experienced real estate attorney barred in the appropriate jurisdiction. 

I will put that into practice and I will be willing to do the tedious stuff for free, at least for a time and consider it the price of education. 

To the on-the-ground practice of what you're talking about, that's all well and good, but what it really comes down to is the neighbors.

She can read through all of the material and take practice exams before she takes the final on each portion, or she can work backwards like I did and brief the practice exams before going over material.

Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I also recommend all the tax advice given by my fellow CPAs on the BP Podcast.

Practically speaking that means if property is being purchased to rehab and flip a risk is being taken if improvements are made before the 120-day redemption period expires."

I’d also recommend that you start utilizing the BP calculators to practice analyzing deals.

Is there a resource out there that can help me practice this?  

i am interested to see if the Bigger Pockets calculators are used in Canada and if they are as accurate, or if there is anything i can do to tweak it a bit to make it more practical for Canadian use? 

They are not cheap and I think you are at the very low end of what is practical.