Whatever you're comfortable with, the higher the deductible the more risk you're taking on for yourself resulting in lower premiums.Standard is 1,000 or 2,500 - I've seen many opting for 5,000 and 10,000 for higher replacement value apartment buildings 

@Patrick Gushue that all depends on what areas you'd be comfortable living in as well as the money you have saved for your downpayment.

I'm not sure about your location or what people or resources are needed for Ottawa, but I'd inquire on a few coaching or mentor programs and just ask the person who contacts you what their results have been, what timeframe it's taken them to get those results, if they have any guarantees in place, how much work is expected during their program (definitely important if you're not doing this full time), and any other questions you need to get answered.All the programs work...just depends which will work best for what you want to accomplish and which makes you the most comfortable

You should save your money in this order to maximize your savings…. 1.

Most times you try to maximize the cash out.

I'm hoping to identify a local attorney who would support my humble beginnings via sometimes assignment, and other times double-close in escrow utilizing end-buyer funding to maximize my margin of return.

@Mitchell FlahertyA Self-directed IRA or Solo 401k is likely the best option to avoid taxes and penalties while maximizing your investment options.

It fits today.That being said you likley don't need to do it all at once if it is outside your comfort zone.

You need to then analyze the numbers to see if you can make at least 60 - 80k in profit to be comfortable during your time fixing.

Are you comfortable completing a background check?