Now an added bonus would be if the home was rentable during the construction letting me zero out temporarily on my holding cost and there was no prepayment penalty on the mortgage.

The flip side of this is you would be earning a 12% bonus on any retained earnings repatriated to Canada {well, not quite 12% as the monies would be converted before you paid any Canadian taxes due}.In short form my advice would be:Identify your objectives before you begin;Research and identify the US markets in which you plan to invest and the segment of those markets (i.e.

As an added bonus, it's directly west of Lyndhurst and shares its school district (Brush).

I plan to hit the ground running early next year after receiving my year end bonus and having whatever I'm able to save up this year.

I get some return on that investment when I get commissions on some properties I buy, but that's bonus money.

@Dan GriffinWe are able to deductive our "book" losses which is a great bonus!

If not then you have to have something that will positive cash flow and appreciation would be a bonus.

Other investors there would have to have people they work with...bonus they can tell you who you should stay away from as well.

For example, Have you ever invested in a mutual fund that sent you and your family to Disneyland as a bonus for investing with them.  

bonus revenue generating feature (suite potential, large lot, garage etc)I have only found 1 property that appeared to hit all these numbers so far, so just wondering if i can maybe look to be a bit leniant on any of the metrics.