I would supplement @Russ Seiler's endorsement with a word of caution and a recommendation that you review any "creative tactics" gleaned with a tax accountant and/or attorney before putting them into play.There are still a number of "Rent to Own" providers in Canada who are operating in a manner that is "grey" and out of step with CRA publishings.  

@Clayton MillerTo Tim's point if you house hack a property would will start to reduce your expenses and supplement your income and that would help boost your RE career. 

I suspect most books are going to be generic and the laws and how they affect your bidding and strategies vary tremendously form state to state.

We are very new to the process but wanted to get into it because having a renter would allow us to supplement some extra income and help pay toward mortgage while my wife stays home with the young ones.We have inspection today and if all goes well, we'll be signing off with mortgage broker tonight.Our broker needs insurance information, but we don't quite know the best way to insure it knowing we will in the very near future rent out the basement.  

I had a house rehabbed [mostly small repairs paint, electrical, plumbing, carpets, vinylflooring, some windows]. The grand total was around 10,000.  However my handyman gave a single sheet of paper that which listed t...

Hi BP,I'm trying to help my parents find a income property to invest in to supplement retirement.

A generic business perspective may not be applicable to your own personal situation.  

I am a Columbus based musician looking to supplement my inconsistent income with some cash flowing rental properties. 

If it is cash flowing negatively already, you are already supplementing it now with your regular income.

Your question is too generic.