If so, how much of an effect would tax brackets and potential dividend extraction taxes have as opposed to simply being taxed on my share of the profits generated under a partnership?

I don't think I could select one book that drastically changed my life, but there have been simple passages or even a few words in many books that have had a profound effect on me.

Am looking for more cost effective system to bring down trash cost.

At least security will help pay down lost rent, damage and turnover costs.

Deep discounts to market value are possible, but, in our experience, rare {most markets in Canada are small enough that inventory levels are moderate and there is no need to dump the property}.Lenders - particularly the Big 5 banks - tend to prefer Power of Sale as it's more cost effective for them: No/less legal expense; they do not need to maintain the property while it is for sale; the owner/borrow is motivated to get the best price possible for the property (and not to trash it); and, if the property sells for less than the note, the borrow is still on the hook for the balance.

Only once did I re-negotiate because of termite damage that I found during the inspection, but even closed on that one after a small renegotiation to the price.

This is because at $350/month, a tenant can easily cause 3-4 months worth of damage, which takes awhile to recover from at $350/month.

I am going to be meeting with a real estate agent to look at some distressed properties and want to know if anyone has tips about how to estimate the cost to repair any damages to the property in order to figure out if the property is worth the investment.

After about 3 years of this, I reread the contract and realized I could charge tenant damages to the tenant and they would have to pay it or risk losing their voucher.

Sure, you have the tree fall and cause damage but not the call from the tenant saying their roof is leaking and then having to get a roofing company out on short notice.