Remember, interest on residential mortgages in Canada is compounded semi-annually.That said, in todays market should be able to secure an interest rate of <=3.5% ...

A lot of resources I googled say 4-6% for residential but that seems pretty high when you compound it.

We also are able to manage multiple notes in the sale LLC and then we can pour the proceeds from sales (along with profits) back in to compound yields.I know there are many ways to do it, but I hope this helps you with at least how we manage things.

We started with this strategy in 2013 and nearly ten years later we have 13 properties in King County / Seattle and $15,000 / month of passive income profit - if you stick with it the results compound quickly!

This goes to auction and last time I had clients bidding on it - it went up as high as $150k before my client bowed out of it

I just got an inspection done on a property where the inspector believes there are major foundation issues (cracks, bowing interior, ineffective DIY metal posts in basement).

This is compounded by the quality of renter that utilizes a mobile home as compared to that of a single family home.  

Using debt compounds these risks so I'd argue you need to be even more conservative and seasoned to use debt for what you're trying to use it for. 

Work through your learning and problem solving TOGETHER, in a methodical manner:what's the problem to be solved (and each should not be compounded with extra conditions).list all possible solutions you can find (without discarding any due to bias, personal business ideas or obvious negative effects).then find and list all pro+con issues related to that solution you can.SAVE your work in a binder for quick access later and to visibly demonstrate just how far you both have come.There's no rocket science in REI, but limited exposure to business concepts, contracts, accounting, marketing can ALL be overcome and your partnership will grow as a result.

When you sell one of those you again buy several and your portfolio can compound as fast your energy can withstand.