Generally, what your going to be buying to successfully complete the BRRR method will not qualify for a conventional loan because of the condition of the property.

I looked at what air bnb's seem to go for there, and with a 20 out of 30 night per month occupancy, it would not only pay for itself, but cash flow nicely.I'm not a new investor at all, but completely new to this type of model. 

When the market corrects, and I think it is due any time now, a lot of investors will jump ship and more deals will be available.I could be completely wrong.

You take a risk which could result in cancellation of your title insurance and complete loss of your real property without compensation in the event that a title issue regarding your real property arises.Contact your title insurance company to determine coverage and if your policy does cover transfers , and when or how.DOS - The transfer most likely will trigger the Due on Sale clause (DOS) - a detailed resource on Due on Sale you might want to read is: the-truth-about-getting-around-due-on-sale-clausesAlso, these threads might be worth reading:386043-bank-called-my-due-on-sale-clause183825-due-on-sale-clause-was-called-by-bank232247-due-on-sale-clauseThen, if you choose to proceed, at least you'll know what you getting into.

My back ground::: I have been primarily a Heavy Diesel Mechanic most of my life.  

If you have a property that needs a little work or a complete overhaul contact me and I will be happy to give you an estimate.

Hi James, are you investing in Ottawa primarily, now, or are you still interested in investing in Hamilton?

With a Land Contract you don't give them the Deed until they completely pay off the mortgage.

Hi, I live in Dalton, Ga and I’m completely new to real estate.

Completely delusional.