We are both from Vancouver BC, which is obviously way too expensive to invest in.

Some people make attempts at getting around this buy calling them "marketing fees" or some other obvious attempt at skating the law, but even if there is some loophole or potential way around it, anyone who is willing to pay that fee to an unlicensed person isn't the smartest person in my book because it's very risky, and no upside to the risk of it.

Obviously that’s different than a spec home though and we have opted to not want to deal with a home owner and bank during the build process at this point.Hope this helps some.

Flooding no. hurricane obviously not.

Hi @Douglas Alexander, I've used the VA loan many times, but never for MFR.You can't use it for more than a 4-unit building, so 1-4 is OK, 5 or more... nope.Great plan though to house-hack it.Let me know how your research turns out ref. building from scratch.Could be an interesting idea... build like a 3/2 for your family and 3 more smaller units.Then when you move out, you can rent the 3/2 for more obviously and could earn some good cash flow.

If he’s an only child that’s the obvious way to go.

Rent it cheaper for 4-6 months to get through the winter, then rent it for a higher price or sell it in the spring.I recommend selling because you don't have a good property manager and the market is obviously not strong there.

However, it was obvious that if you are any good at investing you often will pay more tax by investing in real estate through an SDIRA.  

Investing out of state is cheaper for the purchase if you live in an expensive market, but when you have to rely on someone else to do everything that obviously adds some cost. 3.

Incentivism them to get out of the house--we have offered full deposit return (obviously that is done day they leave--draw it up if you need to so they are comfortable).