Being new to the real estate market my main goal is to get my feet wet with this first property and to start something to build upon.

There are numerous benefits to this other then the obviously huge financial benefits as an agents commission on average of 5% is not needed to be paid by the seller. 

The interest rates of many residential Fannie and Freddie loans (ARM's) as well as numerous types of commercial loans are based off LIBOR plus a spread.  

I agree with starting small and getting your feet wet before trying to hit a grand slam. 

On the podcast, I've heard numerous times the term 'acquisition specialist'.

There are also numerous podcasts, youtube videos and BP posts on the subject so I will leave it to you to dive into that information.

What better way to get your feet wet then to just jump right on in?!  

@Yuriy Panchelyuga I’m looking to eventually begin using the BRRRR strategy in eastern Mass, but I’m getting my feet wet in southeastern NH first!

There are numerous opinions about this but banks couls see an option agreement a violation and call the loan due.

I heard that it's doing pretty well right now with Covid as it'd have drier climate than the rest of wet BC and it's a small city but I'm not sure what will be left in the tank post Covid.I love Canada and I don't like to be negative about anything Canadian unnecessarily.