Petersburg area, resulting in highly–profitable investments.If you need professional and courteous property management experts for your multifamily, single family, condominiums or town home, you've found the right company!

I understand they are planning to to offer recordkeeping and plan document maintenance services to Quest clients with no cost to transition. 

. $20,000 profit after realtor commission.

Maybe that is gross profit when you sell it, but what about the cost to build it?  

Or use the HELOC to do a flip, use those profits to hopefully pay off or down the HELOC and then purchase a rental.  

If you are worried about transition from Canada to US you can use a DSCR loan program. 

Best thing to do is buy it as a primary or second home and then transition out into a rental. 

And even if I do not get into the renting business I can make some profit if I decide to sell the property at some point.

What this implies to the typical RE investor is obtaining significant cash flow is a big challenge right now and relying on other RE profit sources (such as a value add and not doing a value subtract) may be a more certain path of generating returns.  

Without a firm base and working familiarity with these three areas the investor will not have the knowledge to analyze, negotiate and close advantageous real estate transactions. 2- Experience - the first few deals are likely to be smaller, harder, with more “surprises” and not as profitable as the investor imagined.