Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

Here in Chicago, we've found some of our best contractors from other good contractors or investors; I've found the in-person meetups yield the best results, so maybe you can take a trip to Maryland? 

When I first started, they said I would get results if I just followed their instructions and got indoctrinated in the principles of mindset.They told me, that people actually don't learn from books, courses, sermons or watching videos, but by having a "relationship" with a coach or mentor.   

I am hoping the cash flow will match their numbers in first year (fingers crossed) and all the "other expenses" will start from 2nd year onwards.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!

This is because the dwindling cash flow due to the increased rates has resulted in higher cap rates.  

Checked Zillow, you are right, only a few places have results in Canada.

As I have gotten older I have started to focus more on my balance sheet vs cash flow, which also matches my real estate investment strategy.

The cons as i see it include loosing the 2 of 5 year cap gain exception, typically not an ideal rental because the emphasis at purchase was buying a good home for your family and not a rental with optimal return (my ex-home consistently has the lowest cash flow for equity in my RE portfolio), not disconnected enough from the property causes addition angst on damage and may result in over improvement.  

Verify that the addresses given by the tenant on the application match the addresses on the credit report.