Just keep a thought in the back of your head that if you plan to invest at home (read: Canada) a few things will differ from investing in the U.S.A - namely in the areas of finance, regulation and taxation.The good news is there is a small cadre of Canadians active here on BP, so when you arrive at a one-of-these-things-is-not-like-the-others moment, you can ask for clarification.

But then you have disclosures to the sellers about mark up and profits.Gurus though and even here on the Hallowed grounds of BP they talk about how to get started in RE and they talk about bird dogging and wholesaling and its really not legal to do..Otherwise why would there even be a RE license or a RE brokerage business at all if we could all just go about willy nilly selling properties we don't own.I for one would love to see this practice brought down and regulated.

If you buy the property, you may be opening yourself up to the liability as current owner, so maybe a call to the regulators to ask a few questions before closing would be in order.

With the new Dodd Frank regulations making their way into the world, you REALLY have to know what you're doing.

If Bob actively recruited these other investors ("hey Joe, I have a way for you to make some money...") then Bob is "selling securities" and is subject to a plethora of regulations.

Check up on current regulations, much has changed in the past few years.Check out the key word feature on the site and how to connect.

Also what are the rental regulations working with an agent?

@Bill S.where did you get that idea that the Fed or regulators would require indexing to the CPI?

Breeding dogs is sometimes considered a kennel operation and regulated so you might be able to use that and blame the government.

With the qualification requirement, you still have to qualify for the financing (thanks to Qualified Mortgage (QM) rules in the new Dodd-Frank regulations that just went into effect in January) you shouldn't be set up for failure.Why would an investor (seller) offer financing?