Under this rule, if you spend at least 100 hours on the property and no one else exceeds your time spent, you can qualify as materially participating.

Interview a few PMs, ensure they align with your goals, and stay involved by reviewing monthly reports.

Would love to review your numbers and share some ideas before you close a deal!

Some of these areas have lower purchase prices but solid rental demand, making them ideal for strategies like BRRRR.I spend my time scouting off-market distressed properties, and I’ve noticed that investors are having a lot of success in secondary cities just outside major metro areas.

That would be a helpful addition to your plan as you would further reduce your cost of living.Also don’t forget from that $600 you are planning on getting in cash flow you have taxes, insurance, maintenance, capex, and vacancy to consider.With two homes, you may want to keep that extra $20k as an emergency fund rather than spending it on a third property and then be left with no emergency funds.

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Canadians just spend too much time at home

Frankly I would be less excited at spending any kind of money on a place that I don't own.

Craig, I'd be happy to review your docs and deal for you and get you to a servicer.

Ensure that you thoroughly review your state regulations and display the necessary notices before changing any locks or removing any items left behind.