A trust transfer allows for smoother estate planning, and if inherited after their passing, the land receives a step-up in basis, reducing future capital gains tax.Each method has pros and cons depending on their estate plans and your long-term goals.

How that will play out for long term values is unknown - however human nature has shown proximity to water is desirable. 

For how long?

It doesn't take long to learn how to spot a good deal.6.

There is a single family home that was divided and one half has been rented and an ad on small "house" that has also been rented mostly long term.

My name is Wes and I live about an hour north of Toronto, Ontario, Canada.Looking to get into real-estate investing with long term rentals, BRRR, and House hacking.Currently looking to also find other other local people to chat to about real-estate and how to get started in our currently price inflated Ontario market.Let me know if you're in my area!!

With that said, the income can still offset the cost of holding the property as a long-term investment.

There are a few that do not have any seasoning requirement on a cash out refinance as long was there was rehab completed on the property.

But at a $1.5M asking price, as long as you don't have to spend more than $300k in rehab (without raising rents), this is a slam dunk deal that should easily be financed  at 75% LTV by a "investment real estate-friendly" bank/credit union that is located fairly close to the properties.

This is one step in a long journey, and I'm glad to have found a community that is as passionate as you all are!