I live in southern Ontario in Canada, and here if a tenant doesnt pay the water bill it goes onto the landlords taxes.

My wife's grandfather owned many buildings in NJ and I have seen that 2 generations have lived off of what he did in one way or another. 

The income and price have uncoupled from each other over many years.Similar story in BC, but Vancouver has a lot of foreign capital so income is less of a factor.I live in AB and we saw a huge run up in price because Ontario and BC folks came with significant capital.

I want to build a home for my family to live in and enjoy. 

The Environment, the Safety of people and the living things around us as well as the general health and welfare of all living things are extremely important to us.We are passionate about real estate investment and Buy and Hold with a focus on providing affordable vacation rentals and long term living spaces for Veterans and individuals in situations of hardship.

I am closing on a house and family member of the owner is living there, who has no lease, or should be in the house once I close.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

You live in it for 2 out of 5 years and Sell for up to $250,000 Tax-free.

Additionally, our strategic marketing efforts highlighted the property's new features, attracting buyers swiftly.

(I do not live in Orlando, my retired father does)... and my father takes care of all the maintenance (repairs, hiring contractors for electrical, HVAC, roofing, etc.) as well as showing the property for leases, he is my hands and eyes there... all for free, I do not pay him a salary or any compensation, and he does not want one.