You could start with something that needs cosmetic updates rather than a full gut renovation to reduce your risk.Balancing Income: If your current job doesn’t provide a high income, leveraging real estate to supplement that could be a smart move.

Overbuilt MFH, the vast majority of STRs being converted to LTRs in the past year due to law changes, and rent amounts are currently outpaced with what properties are selling for. 

Hi Matt, I am self managing as it's a single property and I am trying to keep costs low.

Hey Team-I’m wanting to transfer my current property from my name into an LLC.

I’m currently working with a realtor in Edmonton, he’s an investor as well and awarded the REIN realtor of the year.

Indio is currently STR friendly as well as the HOA but I've heard there may be caps coming soon by the HOA - we wouldn't have to worry yet. 

Or it could be a primary home with a low interest rate and plenty of equity, that could be tapped for a down payment.

Current tenant has lived there the entire time.

The redeeming party pays the current title owner the actual purchase price not the reserve bid by the foreclosing party.  

I'm currently looking for a partner who would like to purchase a few condos in Edmonton.