I'm waiting because I still haven't owned my house for 6 months.

Walking through, I can see that owner is the type that spares little expense with his own properties. 

I own intellectual property in Canada.

and where you could start with a house hack... which is the best and most powerful way to get started.now, should you buy a random, 'cheap' (supposedly) property in some random market you may never live in or have any connection to, before you're settled, just to own an investment property? 

Now some stayed with me and that was great but some learned that with a little bit of knowledge you can do it on your own.  

I bought this house to flip for $190k and I own it outright.

@Albert Gallucci as many have pointed out, in the commercial space of 100+ apartment buildings and offices, property classes have some pretty decent industry standards.We started applying these to 1-4 unit properties around 10 years ago, which you can verify on our blogs, because we saw too many newbie investors not properly taking into account things like, neighborhood status, tenant pool, property condition, etc.Unfortunately, there's no industry standard for this, but you can use some basic logic to think your way through your own Classifications.

They’ll coach you right into it being your own business that allows you to leave your W2, if that’s your goal.  

That’s okay—what’s important is understanding the "why" behind your investment decisions.While your accountant’s suggestion is a great starting point, make sure investing aligns with your own goals and situation—not just because someone else is enthusiastic about a particular strategy.

The title search would likely happen simultaneously to your own due diligence and the lender's due diligence so it wouldn't really be separate steps.