The question becomes, is there any way to legally repatriate the income as 'active' income to maintain the favourable tax treatment in the US all the way into Canada.Still researching...

Anything can happen: the market can shift, we can go into another extended lockout period, the property can be destroyed by a natural disaster or by vandalism, the list of contingencies is endless.

So the asynchronous nature of tenant requests, coupled with trying to get them handed out to the right handyman, plumber, etc, are driving me insane.Is this something that can be outsourced without going to a full 3rd party property management arrangement?

A fire pit, BBQ grill, or outdoor dining area can also be great selling points.Themed Decor: Consider a lake or nature-themed decor to enhance the experience.

@Ruben VanDusenYour wasting peoples time and good natured sense to help others.  

So In SIMPLE terms; you are stating that REGARDLESS of whether the FULL $60K in funds paid to the Seller for the OPTION to buy the home at $300K is APPLIED towards that $300K "Strike Price" reducing the remaining amount due to them to $240K OR if only $30K of the $60K in funds paid to the Seller is APPLIED reducing the the remaining amount due to them to $270K - the Tax Treatment for THEM (the seller) is the SAME on the $60K paid for the OPTION ?

@Jay Hinrichs: Not meaning to be disagreeable, that's not my nature, but it's in the same thread where you were promoting what you do.

I have heard that heat treatment can damage silicone seals in plumbing.

(Also, the developer is reasonably experienced + wealthy and has personally guaranteed some of the existing development projects - but wants to move away from that)I'm also planning to get some equity in the JV / the broader development company (much less equity than if I were to be a pure equity investor of course). because I do think this could scale to 300-400 homes / yearOf note: These homes are modular in nature - so are faster to build and margins are projected to be attractive.My questions for you all is:Have any of you lent to development assets with cross-collateral from cashflowing properties like this?

Be a great landlord, provide timely communication, responsive maintenance and fair treatment.