I should also note that I don't have nearly enough cash at the moment to be purchasing properties with 100% cash down and then to rehab using cash.

My primary interest at the moment is flipping, but with time want to expand to a few other areas of the market.

If you put a limit yearly on the number of commissions paid then it aligns your interest with the PM.If they know after 1 turn in a year they will not get more commission but just ongoing rents they will pay attention very closely on enforcing the tenant screening procedures and wanting to figure out how to get them to pay in full versus evicting.It's all about structuring things where it's not in the PM's best interest to do the easiest thing in the moment that might hurt your cash flow.

It's been a year, haven't regretted that decision for a moment.

I know my deep down my dad understands that I'm not just buying a house because I can and he can't at the moment, but I do think that sounds like a really good idea to get him involved and make him feel like he's in this adventure with me.Thanks again for all your replies!

Although I have no clue why someone would want to leave AU and all the beauty there and live in a place like ST.

I cannot find it a this moment but I would definitely look for it.

From the ocean to the mountains to the mossy forests, and a decent city in Vancouver, it's so beautiful.

The beauty about cash out refinance is it's a tax free pay day.

At the moment I have a house lined up for flipping.