It's really important that you work with an experienced loan officer or broker, especially on a time sensitive purchase transaction.

So my conclusion is if you have Means  to transact this is probably just as good as any of the masterminds out there.. but if you are thinking by joining its going to bring you investors to help with deals.. not sure about that.

An agent told me that 9/10 transactions they handle are cash and not financed - so i think in this particular submarket going in with financing really weakens you.  

I'm working on my first transaction.... we shall see.  

I feel like in today’s day in age there are so many tools for STR operations and I cannot believe there is no integration for a merchant of sale transaction or some kind of financial app/ software that can take the remitted taxes and pay them to the government automatically.

Bottom line, make it so that you never need the seller again after the transaction is closed.

On the other end of the spectrum you have those teaching others how to syndicate larger transactions.

.- Cities like Toronto will levy another tax (Vacant Home tax) equivalent to 1% of the current assessed value of the property if the property is not occupied (rented, owner-occupied, family occupied, all count as occupied)- Land Transfer Tax: while the Province of Ontario charges anywhere between 0.5 - 2% of Land Transfer Tax when your transaction closes, you should expect to pay this amount twice if the property is in the City of Toronto .

--------------------------------------I don't think it prevents you as an owner from initiating the action.Personally, I wouldn't have any moratoriums on private transactions.  

@Mario Morales - Personally, I would do some research in your target market and search (even it on zillow) for 2-4 family properties and see what agent(s) seem to transact the most in that space.