you taking o new clients , and what is your procedure to take over a home that has existing tenant in it ? 

Beyond that, send EVERY visitor an application via email after their visit just to CYA. 

And I really appreciate this site!!  

I have been a buy and hold investor since 2005 but this site is where I learned all things (academically) flipping wise.

Welcome to the site @Emeric Harney

You can also buy a duplex in a place you want to visit so airfare and hotel can be tax deductible against your profits.To answer your question, the IRS deduction on capital gains is only valid for your primary residence not a vacation home.  

You’ll absolutely LOVE this site!

How can a landlord get away with saying you have drug activity simply because you have a few friends who visit?

I must admit, I am struggling a little on this one.We already made an offer on the home and the counter was decent, still keeping us below initial asking price.The offer was with indication that we would be doing an independent home inspection, always a smart idea.At first visit to property, there was concern on the diagonal/zig zagging lines in the walls, the few gaping holes where the stairs meet the home – evidence that the staircases had at one point pulled away/separated from the home.This cracking is by no means just settling, my limited knowledge of home construction was telling me, this here was a structural issue.But wait….. there’s more!

https://www.canlii.org/en/on/onltb/Along with learning the RTA and visiting the LTB web site spend a few hours reading up on past LTB cases to get a better picture of the potential nightmare of being a Landlord in Ontario.