I have a good friend that is looking to purchase a industrial property for their iron rebar business.

Ironically, it can be difficult to obtain loans for a property as an agent because lenders are leery of the self-employed with commission income, however, if you finish college, get a good W2 job, and have decent credit, lenders will line up to give you money, assuming that you are going into a field that is in demand.I admire you wanting to start investing at a young age, I wish I would have started investing in real estate in my early twenties instead of misspending my youth on debauchery.

You cannot properly compare the numbers until you have ironed out the details on cleaning and have a good sense of projected price, seasonality, and vacancy.

Which is incredibly ironic because I was recently helping a fellow BP not too long ago clear up the difference between a mortage/deed of trust (depends if the state is lien, title, or even hybrid theory) and a promissory note.

Ironic it was from someone I know. 

@Henry DerI would sit down with a Canadian accountant who has cross border expertise to iron out the ownership structure before you start purchasing.From reading your above posts, I would see the U.S.A.

Ironically, it back fired.

Ironically, I bought the place for the cash flow and wasn't expecting much appreciation.

Ironically, a lot of investors have properties right in their hometowns that they're doing nothing with; they’re just costing them money month in and month out.

Inspection deadline is tomorrow.Thanks again everyone :)___For Context, boiler details:Approximate capacity: 105,000 BTU/hrEfficiency: ConventionalExhaust venting method: Natural draftApproximate age: 38 years 39 years 40 years 41 years Near end of life expectancy Typical life expectancy: Boiler (cast iron) 25 to 50 years Main fuel shut off at:  MeterFailure probability: Medium Supply temperature: 180°F The following issues were noted at the time of the inspection: 1.