Hey everybody, I've been listening to BP podcasts for a couple years now, and I'm excited to finally get in here and start accelerating my learning and meet some like-minded people. 

I’m curious what markets you’ve invested in if you don’t mind sharing.

@Jay FayzIt's possible to use an FHA loan with a 5% down payment, but keep in mind that the loan is intended for primary residences, and you'll need to live in the property for at least a year.

I tried to rent one of these buildings for a developer. it was brand new construction, really well done.One after another is was voucher applicants who had criminal records, you had no idea who was actually going to be living there, some were high out of their mind and/or drunk, average credit score was 500, consistent late payments, eviction records, etc.By some miracle I rented one place out to 2 young girls looking to save some money.

I am by no means a tax expert so keep that in mind I just speak from personal experience.

If there are pets in the unit take a pan from under the sink and fill it with water so there's something to drink.

Paying off the mortgage can provide peace of mind and simplify retirement, while keeping the debt allows you to leverage your funds for higher returns through investments.

I’m definitely working hard to create a solid foundation for both my family and my investments, and it’s encouraging to connect with like-minded people who are exploring real estate as well.You’re absolutely right about Section 8 housing, the stability of cash flow is definitely a big draw for me, especially with the U.S. market being more accessible in terms of affordability compared to Canada.

Keep in mind, you should have already had a conversation with the hard money Lender to know their terms and process, and be ready to perform. 

. 😇  Sounds good Joe, I'll keep you mind.