Even in up and coming neighborhoods, you can find vacant run down houses and turn a "quick" 20-50% return.

I found an area I felt comfortable living in and I bought a house with an FHA loan.

Hi @Gary Mano My husband and I are under contract on a house in Meadowmont in Arnold too.

Quote from @Daniel Vargas: I think you should consider a house hack.

Quote from @Jeff Calcaterra: We have a potential tenant new to the area who has gone through a paid background check, signed a background check authorization form, sent us a LinkedIn profile, sent an offer letter and says he is willing to send us paycheck stubs, but says he doesn't want us to call HR to verify employment because he is supposed to have found housing already.

With the current downturn in the Canadian housing market, I'm curious if anyone is currently investing in the Toronto or Niagara Falls areas, or any other markets in Ontario that might present good opportunities.

It is a 2 bed, 1 bath house, in which he is subletting to at least 3 or 4 other people.

If you had to start over today with limited resources, what strategy would you focus on- Would you start with house hacking, BRRRR, wholesaling, or another strategy?

I have 6 houses and consider myself a novice. 

You are missing my point on taxes.Scenario 1:  Your partner buys the house at the same time you put your cash in.