I know it’s a lot of questions but you I’m still on the learning curve and will rather be safe than sorry to minimise simple mistakes when I do buy my first deal?

It might look unpredictable at the first glance, but once you learn more about that industry, you will be able to find a way to make good returns (above 20% net rental yield - would be really high cash on cash return if you buy with mortgage) while minimising risks. 

To minimise risk and to get some exposure to the world of development without taking any unnecessary risk I plan on starting out by sub-dividing and or re-zoning land.

This will minimise the chance of loosing money if any mistakes are made during rehab.

Thanks for sharing Dawn.There are many deals in Kansas City like the few you mentioned above.The risk is minimised due to the low entry price.Most of them are also in solid B class areas.Thanks and have a great day.

To be able to minimise the withholding {US} & dividend {Cdn} taxes and control the timing of earnings repatriation you should explore using an U.S.A. incorporated entity which is a child subsidiary (100% owned) of a Canadian corporation.

Interestingly, regarding your rents, there was a good article talking about minimising vacancies here on BP's last week or so and one of the ideas was on offering more reasonable rents for longer term tenants.http://www.biggerpockets.com/renewsblog/2014/03/21/factors-to-help-minimize-vacancy-rate/#comment-154176Nothing wrong with offering fair rent for longer tenancy.

Market evaluation isnt too hard , but im wondering if i should still go with a real estate agent or sell it by myself.I want to minimise my investment losses and move forward with new invrstment ideas.

They are tenants that reduce a landlord’s maintenance costs, minimise wear and tear, as well as look after the property as if it were their own.

But I'm certain the LTV ratio would be quite low to minimise risk.