Take into account elements like total affordability, policies that favor landlords, and property taxes.Make contact with real estate agents and investors in the target market locally.

That would be around $90,000 sitting in a savings account!

Check out the Free Beginners Guide this should give you some ideas.Also check out posdcast #25 where four new investors talk about how they got started.

Also, can anyone recommend a solid accountant for everyday investors who can provide reliable advice and is reasonably priced?

Make sure you're working with a reputable business and double check they have insurance.

I think home inspectors are professional deal killers,,they do this to help there ego stay on top, non are certified electricians, and or Hvac, most sit at home,, and are proud that they kill deals,, its time to say go pound sand to these impotent inspector,s ..most dont have a glue what they are talking about,,and if they cant find anything.they will to check on something that is unreasonible..I threw one of them out of my house..rudely got nasty,,and i asked to him to leave..they smell like cabbage and have short fingers...

Hi @Somesh I am a US lender based in Toronto, feel free to reach out with any question regarding financing/US entity formation or accounting services.

This is really an accountant question as to how you can structure to use your RRSP's as an investment with it still being arm's length away so that you do not get taxed on it until it is used for the purchase at the end of the rent to own period.Best Wishes

You can also check meetup.com or search facebook for real estate investment groups, clubs, or meetings in your area.

My guess is the buyers' realtors aren't checking if their people are preapproved.