Most are incompetent and ignorant and “par time”.

@Mike Reynolds Thank you for the reality....I just couldn't do it anymore.....I too have had homes in magazines and yet my advice is ignored.....

If you’re buying as a primary, ignore all these DSCR spamming lenders that seem to plague these forums like fleas.

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

Well, actually, many jump in without asking a lot of questions, but they get screwed by crooked/ignorant agents, contractors, etc.Many here will recommend starting out by finding a good agent.We emphatically DISAGREE!

These tenants continue to ignore the lease, me and my property manager so time to get tougher - thank you - sadly Ontario and BC are extremely tenant-friendly. 

Personally as a listing agent I have had plenty of low ball offers that are completely ignored because they are so outrageous. 

You can adjust this mindset of course as you get more experienced in it years later, but try to ignore the tax benefits as you're first starting out.

But it ignores that many other benefits of RE. 

When you sell, the $150K will be paid off at closing, only leaving $350K to be used in the exchange (I am ignoring closing costs in this breakdown). 3.