The goal of this purchase was to significantly lower my out of pocket expenses, which it has.I have one tenant moving out and when I advertised the available room to employees at the govt agency I work for, I had 6 inquires on day 1.I have no doubt this pool of available renters will be available for quite some time.So theorectically, I could rent all four bedrooms out to individuals and cash flow on the property.

I prefer tax deeds myself, post auction lands available tax deeds in particular.

I think there might be some properties available fitting your requirements, and it’s not too far from Staten Island. 

I don’t think property shark is available in Canada.

@Travis KemperThere are multiple possibilities:Leave the money in employer 401k and get a loan - if available: If the 401k plan in which you currently participate would allow to keep an outstanding 401k loan when you leave, that may be an option.Rollover to Checkbook 401k which would enable you to either (a) invest directly in real estate or (b) take a 401k loan towards the down payment: If you will have self-employment income you could rollover employer 401k funds and IRAs (but not Roth IRAs) to that Solo 401k.

You see, in exchange for access to appreciation and tax benefits, which are only available through a partnership structure, the partner exposes themselves to potential loss and liability.

This model is different from other investment models as it makes extraordinary deals available to ordinary investors.

How are you able to balance the two to keep you conventional financing available?

@Sean OToole, is there a list we can sign up to be a part of that will let us know when your services are available in Utah?

If you don't want to avail yourself of a professional to get the true story then you can always read publication 523 and figure it out yourself.