Anyways, I’m here now and I’m ready to continue to learn and give the knowledge that I have accumulated.

I'd rather acquire 20 units over a 4 year period with EACH unit at the 2%/4% rule in a C area then trying to simply accumulate a "door count" for bragging rights. 

The 12% cash on cash that is,  There are plenty of homes that I can accumulate $100+/mo cash flow but the return is no where near 12%. 

We are all incredibly blessed and fortunate.Personally, I accumulated a net worth of a little over 200k without ever making over 40k.

Earnings accumulated on compounding of principal money and tax-free earnings will greatly (and mind-blowingly) outperform earnings on compounding of principal alone.

When the property is vacant, you have to cover taxes, ins, loan2 - Property Management:  If you are going to have a PM down the road, and they cost 10%/month, use 10%/month in your analysis.3 - Loans:  Hard money cost (points and accumulate interest) is a hard cost...not a cash flow cost4 - ...and 12 years is a long time to wait for your cash back.

As you accumulate more properties, your DTI is most likely going to be negatively affected, even if you're cash flowing.

Please keep us posted on your updates as you accumulate more and more and invest it!

You can NOT just let it accumulate, even if the tenant says that to do that.Also the security deposit must be returned within 30 days of the end of the tenancy along with a list of any damages that you are taking deductions for, if any.

Do you want to take the hit of US $ -> CAD $ conversion each time or accumulate US $?