They get a higher return since they are covering housing cost, have the $250k per spouse primary residence deduction in gains, is a savings account, higher leverage position, lower interest rate possible, will pay more premium for location, etc.House might be overpriced for REITs but not for home owners.  

No but keep track of those repairs as it will add to your cost basis when you go to sell it and have to pay capital gains.

@Caryn Fischer  The downside of gifting or selling property to your children is that it can have capital gains tax consequences.

Net Sale - Is the contract price, minus the closing costs and commissions.adjust cost basis - net sale = net gainYour gain is made up of profit and depreciation recapture.

To gain investor confidence, ensure the investment property numbers are real, use the most common contract forms in your state (versus a 2 or 3-page) internet/guru contract form) with appropriate addenda, or an attorney-drafted form and attorney-drafted assignment agreement.

With new regulations in Canada like the flipping tax and property gains tax, I want to be mindful of the risks involved. 

I haven't lived in it long enough to be exempt from capital gains, good point on that.

Now, with real estate all you put out was $25k for a $100k purchase, that you got the gains/monitization from $100k. 

@Dylan Jeluso see if you can join a team in your real estate office to gain experience.

Quote from @Jay Fayz: Hello everyone,I've recently been exploring real estate as a potential career path and I'm looking for advice on the best entry-level job to gain experience and knowledge.