Considering that my parents and I are not Canadian citizens it adds an additional wrinkle to things as they or I are not able to claim this as the primary residence and avoid the capitol gains tax... a lot to consider and think about.

Everything my realtor sends me is already on Zillow and has many eyes/bids.

Thanks @Dell Schlabach , Yes, this was my 2nd flip. 

If that is the case, my ROI calculations should account for 25k of liens and I should place my bid accordingly?

I'm looking to build a 200k guesthouse in my backyard that will have good cashflow.

I am new to REI and started late in my life. 

As a result, I actually created my own frankenstein of an automation pipeline combining public notices, county data and skip tracing so I can get the leads directly from the source and act on them as soon as they are available. 

After a quick drive by of the property and some online research, I submitted my offer and it was executed by lunchtime.

My local municipality is changing ordinances to be far more restrictive, and I notice a number of houses up for sale that were STRs.  

I didn't have any money to invest at the time, and now I have a little saved away to start my real estate journey.