Start building a team of Realtors, trades, title companies, hard money, private money and mortgage brokers etc.

Make sure to find a good property manager who manages your type of property before you purchase, or have enough cash to cover the consequences of it. 

My dad told me that after the house had been sold that he realized that together with him doing and handling the business and bookkeeping aspects of the business and me learning the trades that we could become a lethal combination.

The Major international border project is nearly complete called the "Gordie Howe International Bridge" This will increase the connectivity between Detroit and Windsor Ontario and create synergy which will change both riverfronts and the surrounding neighborhoods "As one of Canada’s most significant infrastructure projects, the Gordie Howe International Bridge is creating thousands of jobs and driving economic activity today and will serve as an important trade corridor for Canada and the U.S. once complete and for generations to come.

Running title on a Deed in Lui is to those of us that trade in the bizzness common knowledge but agree you take a mom and pop starting out..

If not, then walk away, but keep an eye on it to see if it trades.

I think what sticks out to me most is the trade off for time, experience, stress.

For depreciation and cost segregation benefits, the property must be used in a trade or business (i.e., generating rental income).

Investor Consequences: Restricted Cash Flow Growth: Investors may experience reduced income over time since rent increases are typically capped below market levels.

I would also try to get my hands on as many OMs to see what assets are trading for.Gino