Networking, if done right produces a snowball effect where new leads generate even more leads and it goes on exponentially.

Perhaps sharing the calculator was not effective method -- I'm still new here.

In other words, if we feel the risk is climbing, then by de-risking we effectively increase risk-adjusted returns.If we exit sooner, that's what we are doing.

I am looking for advice on cost effective options to rehab a place that I just got accepted on. 

I’ve considered that option and will do that as a last resort, however I think that hiring someone (yes an independent contractor) would be a more cost effective and likely a more effective overall option.

FYI, Although it would not be cost effective in this case, there are bonds that can be used.

We want to build the expertise to enable us to do long distance STR property management The City of LA recently effectively banned STR operators but there are neighboring cities that are legal to operate.

But yeah the Suncor issue is unfortunate (although it doesn’t just effect CC depending on which way the wind is blowing).

Also, as you know, the property has a direct effect on utility cost to a certain degree.

@Pierre Luc leblondForeign investors have to be mindful of ECI(Effectively Connected Income), FDAP(Fixed, Determinable, Annual, Periodic) and FIRPTA.There are also instances when foreign investors need to apply for an EIN and file a US tax return.You may also want to understand the tax treaty between the US and the country you are from.You should understand the above implications before investing in the US.