Notable examples of folks being burned buying company stock at a discount include, but limited to, Enron, Worldcom, Lehman Brothers, GM and a whole host of other companies.Having worked in finance for a long time, I can tell you that no company is doing you a favor by letting you buy their stock (discounted or otherwise).

Now subdividing those lots is a whole different animal.

This has lead me to look into turnkey properties and the companies that provide the whole package for out of state investors.  

.: Education, finding a realtor to be "everything," finding wholesalers for deals, vetting contractors, the whole process.

And here I thought I understood the whole "Bigger Pockets" metaphor.

If the expense ratio is below 50%, it's an indication that the syndicator may be overly aggressive on either achievable rent growth or on cutting expenses.Watch the fees as well.  

I have been in construction my whole life as well and I believe that experience will be extremely helpful.

I only sold 3 properties in my first 12 months and made a whole $9,000 before taxes.

But even taking that aside --  a bank is going to come in and do a whole inspection themselves and they are going to make sure they give u a number 10% below fair value to protect their interests.So in the end for all teh dancing for 3 months u may have 40k.

It has all of the instructions you need.You may only do this if:They are not currently in a term lease (ie, they are month-to-month, not under a lease that has yet to expire)You give 60 days noticeYou pay them 1 months rentYou actually intend to occupy the unitYou do NOT rent it out again for at least 12 months, even if your situation changes and you move out again.You can find the form here:http://www.sjto.gov.on.ca/documents/ltb/Notices%20...I also highly recommend you read the actual rules about it here:https://www.ontario.ca/laws/statute/06r17#BK65In fact, read that whole document if you're ever going to run a rental property.