Assuming it's in a strategic location, there might still be a lot of value in appreciation in the next couple of years as longs as the rent covers short term expenses.

I am sure that a lot of it will be second nature, but at the same time there will be some unique aspects that I don't want to miss.Thanks,K

Welcome to BP community @Jamie Waugh It is a great place to meet new friends and learn about various aspects of real estate and more.

A) A tradesmen with expert knowledge in different aspects of trade work (plumbing, electrical HVAC)B) Accountant Please explain.

But that's not my primary so what I do now is make sure I read enough to keep me current on those trends.I think trying to do too much fosters unorganized thoughts and actions and ultimately derails being successful.Just my opinion and I know other people welcome what can be kaos for some because they are able to thrive in it.It just seems that trying to focus on all aspects of this business at once would be exhausting.....

Welcome to BP community @Jennifer Streamer It is a great place to meet new friends and learn about various aspects of real estate and more.

Exceptions to the conventional loan aspects are to VA loans up to 100% LTV and underwritten under conventional standards with exceptions.

A potential difference over here is that virtually all banks have pre-payment penalties built into the loan contracts - so taking out a 20 year loan and selling after 10 years could cost you quite a bit of money in interest penalty to the bank, depending on how market rates have moved over the course of the 10 years.The 10 year ARM is of interest to some investors, because if you hold an investment property for at least 10 years, all profits upon sale are tax free...Other than that, I would see a lot of similarities to the US - lots of paperwork, closer scrutiny in the days right after the financial "collapse" a few years back, now balanced by the dynamic of low interest rates...Any specific aspects you are interested in?

Those who become financially self sufficient with immediate assistance may salvage the credit aspects.

But you need to educate yourself on those aspects of asset protection, & the resident 'sage', Bill Gulley has written some great pieces on BP re: maintaining the legitimacy of the LLC to avoid 'piercing the veil' per se.Good luck