I live in the Comox Valley but have been investing in both Victoria and Comox Valley for the past 7 years, condo and multi-family, naturally fallen into the BRRRR and house hacking methods, looking forward to adding more to my portfolio in 2022.Just wanted to start a new forum for anyone who might have questions about real estate opportunities on the island!

I’ve started both and due to the small nature of the operation the commercial lease seems overly excessive and not fully applicable.

There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proI really like the alerts feature that can quickly guide you to current topics that may be of interest: http://www.biggerpockets.com/alerts

The final test is maximally productive. 

You could always look into some foreign national products for the States @Adrian York

Or alternatively your agent can connect you with a lender that offers a special product like a rehab loan (not all do) or is better with underwriting self employed individuals.

HOWEVER, the way this loan product is setup is that both loans (construction and permanent loan) are closed on the front end meaning I sign all closing documents.

Personally, I like to provide a high quality product in a nice neighborhood and subsequently, I intentionally have a strong rental criteria 700+ credit etc so I can weed out the tenants I do not see being a good fit.In regards to best practices, I usually do everything via facebook messenger, text and email but I will probably utilize a google web form moving forward.

For example with an investment based Realtor, property manager, and contractor you should be able to seamlessly invest in property, and you get the added value of making sure that your product is still holding to a quality standard along with being able to see your property and replace team members more easily as well if need be.  

@Chris K.I have one STR in Scottsdale that has a gas heater only, my natural gas bill for last month was over $1200 to heat the pool during guest stays in Arizona to 85 degrees.