@Ardian SelimiYou said Alaska high cost of labor makes it hard to pencil out on existing homes but I think that would apply to the new builds also.For personal residences, I have rehabbed a house hack and buy two homes and the builds came out unpredictable even though the first home’s national production builder and the second home’s local custom builder both had plenty of experience with cost and labor estimates.For my RE investments, I went with where I could have a a good chance with building a team/knowledge/mentoring/experience.I grew up in a house hack, started with a house hack and then started with student rentals and then out of state airbnbs.

I personally do not like the idea of taking a loan against my primary residence to buy investment properties.

Alongisde that, it will be important to have stable employment, because your job is what helps you qualify.  

How much was the umbrella policy if you don't mind sharing$1347 annual for a $2M policy covering 3 cars / 3 drivers (one under 21), primary residence, one STR and an old pontoon boat. 

My understanding is that the $480K qualifies for 1031 treatment and tax deferral.

-What kind of USDA loan would this qualify? 

If you are looking for companies in the US to invest in that take canadian investors send me a PM.If you are interested in buying an individual note, @Chad U. can answer the question - I believe he has a LLC in the USA but is a resident of canada.

My name is Jonny Baltes and I currently reside in Manhattan, New York.

I am not qualified to comment on personal investment strategy.

Interestingly, they've recently negotiated a re-purchase price with us IF we bring new funding to the table.The rehab is required for several reasons: (a) correct the damage the bank has allowed to happen to the property improvements these past few years (known problems include completely destroyed pool makeover; wild animals living inside the residence; flooring missing in sections of the rec center building; destruction of the decorative main entry gate mechanism; lots of dead landscaping; as well as latent defects not known to us such as working plumbing, HVAC & water services) AND (b) expansion & upgrading of the accommodations (converting the private residence to a 2-story lodge with the restaurant/bar, reception/check-in, movie room, public restrooms, gym/sauna/steam room/massage therapy room; enlarged pool & deck area with climate-controlled cover for year round use; conversion of former restaurant/bar building to a general store selling venue collectibles & wearables, selected pre-packaged foods, sundries, RV & camping items, bagged ice & a propane refill station; construction of a free-standing event center; free-standing cabins; enlarged & upgraded RV park with its own small restroom/coin-op laundry building; outdoor activity areas; new landscaping & fencing; new parking area & entry drives (personal car & RVs).We know our target audience having created and operated the former version of this resort for almost years creating an initial membership base numbering about 1,100.