In addition, the company that they recommend we work with, Prime, helped me set up my companies and though I repeatedly asked them if there were any differences in how it was set up because I was a Canadian, I was told that the way they suggested I do it was the right way.

With that in mind, I’ve decided to focus first on finding a distressed SFH that I can add value to, live in for a few years, and keep as part of my long-term portfolio.I like your suggestion about building the “core 4” team—agent, lender, contractor, and property manager—and will definitely prioritize that as I move forward.

Which one do you have the most favorable information on based on their past rental history and not what they say.I suggest using a service like Mayistay.

I suggest using a service like Mayistay.

Bigger Pockets sent out an alternative investment article which included ATM investments as a suggestion. 

Unless you have data that suggests that they have overvalued your home.

@Robert Rixer so you would suggest saving up enough cash to buy as an investor for my next property?

Based on my extensive research, the data suggests the following success and failure rates nationwide:Success Rate: 70-80% for experienced investors, 50-60% for beginners.Failure Rate: 20-30% overall, with 10-15% leading to significant losses.I’m eager to hear insights from any BP members who would like to share their thoughts.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

You have lots of income suggestions, work on them and remember it isn't forever.