And of course, I keep an eye on the last five years to get a more recent take.Once you've got your sights set on the perfect market, it's time to zoom in and find the hidden gems.

80 - 100K CAD .... so about 50 - 70K USD (maybe cheaper as these sorts of things are more expensive in Canada.That has a hydraulic lift and included the construction of the shaftway.Of course ... you can spend much more[Note:  I originally included a rang of 60 - 80K CAD (25 - 50K USD), but going back to the quotes we had last year to bolt a 4-stop onto an existing 4-story apartment building, the range is more like 80 - 110K CAD]   The 60-80K was for a 3-stop solution at another location.]

My understanding is that interest income derived "in the ordinary course of a trade or business" is considered business income and is subject to SE tax.

We were thinking the best course for us would be to do a flip.

The most important thing to do is either you or your wife need to qualify as a real estate professional (IRS definition, no realtor license required).

The reason I haven't switched to streaming at my properties is my banker complained that when she stayed at another property in my market they had streaming and her large party of professionals couldn't watch an SEC football game and they had to watch it on their phones. 

Real estate professional (for this posts sake) simply makes rental activity active, so you can use the losses there to offset other active income. 

that's what the professionals are for.i'd work in whatever job you can make the most money in.

Paid $30,000 for their "Six Figure Land Flipper" 6 month course to start mid-June.

But of course section 8 tenants I am assuming will require more work.I am try to implement some of what Dr Joe Asamoah has implemented see you tube video below.