@Andrew Semler Communication Skills (networking and negotiating), Math (underwriting deals), Critical thinking (for solving problems or "putting out fires"), mindset (for the inevitable ups and downs of real estate and entrepreneurship),  and economic competency/financial literacy (for understanding how the bigger picture concepts and current economic trends will impact your specific business). 

My understanding is you cannot be forced to lease to someone with an ESA or Service Animal if their animal is deemed a dangerous breed by your insurance.

I plan on investing in a live-in duplex or triplex BRRRR while employed in the Canadian Armed Forces.

Steady work force=steady rent (in theory).

Not sure how this would impact DTI, credit etc, if I ended up paying with bigger loan, and additional closing costs from the refi, as opposed to just worked hard to pay off heloc right after the purchase? 

While yearly rent can’t be adjusted quite as quickly as a night’s hotel room, it does respond to market forces.

And there are a couple of things in the settlement statement that have to be worded a certain way.Again, none of these has any impact on the buyers purchase of the property. 

If the investor had to sell right away for $240k, with closing costs and commissions, they would most likely lose money.The other key point is without any improvements, the new appraisal will be $205k, the price you sold it to an investor for, not the $240 comps in the area.Wholesaling works best if you can find an off market fixer and the rehab the investor puts in forces a significant improvement in value.

I'm looking at developing Area, smaller municipalities with some R-4 Rural (Duplex or Rural Comm) that could be used as a land split to get the initial investment money back rather than trying to force appreciate the home itself and simply Rent at a slight cash flow ($50-100/mnth, $150 is the best I've found on MLS)   There's obviously some serious risk here because the initial $500-$3000 for the application doesn't come back to you, and you could very well be denied depending on exactly what you buy then left with a cash-in property with low returns.

Obviously it plays a part, but how much is it just a response to other larger market forces?