Now, moving forward he offered for us to take it over completely.

If you are financing yourself or using a loan- it is crucial that you complete the project in a timely manner.

.- We also negotiate a reasonable completion date, depending on the Scope Of Work (SOW). --- Who gets all the phone calls and wastes time calming a tenant down because the owner's contractor doesn't show up as scheduled after they took time off from work or a 3 day job takes 3 weeks?

Your approach to asset protection and tax codes is impressive—I’m sure it will give you a solid foundation as you move forward with your investments.I completely agree with you on the U.S. market being a bit more affordable than in Canada, and the opportunities with Section 8 housing are definitely enticing for ensuring stable cash flow.

But liquid in 30 days sounds like a nice feature. 

We usually have inspection clause in our agreements for no more than 10 days after EMD is completed. 

Renovations are almost complete and will be looking to rent out a unit.

The tax benefits refer to the tax deductions from mortgage interest and property tax.The returns mainly rely on appreciation, and the cash flow only improves in the last few years, also depending on securing the 5% refinance rate.I've learned a lot from this forum, but as I start to operate on my own, I'm still not completely confident.

., than sold the approved ready to go deal with plans to a builder who completed the redevelopment and made themselves a nice penny also.

Heya Ethan.I've completed 7 secondary suite renovations/developments now and it is extremely difficult to do a true BRRRR where you pull every dime back out again after you refinance.