Purchase price: $33,400 Cash invested: $33,400 Sale price: $107,200 This is my first official flip.

The best areas are going to be the ones that are nice areas but they have lower or at least inconsistent pricing when compared to the rest of the city. 

Your post made me think of something I read a few weeks ago from Howard Marks:-there are few if any facts regarding the future,-the vast majority of our theorizing about the future consists of extrapolating from past patterns, anda lot of that extrapolation – and just about all the rest of our conclusions – consists of what Lipsitch calls opinion or speculation and what I call guesswork.

Receiving passive rental income would not constitute work, however I am trying to determine whether everything else involved in REI would constitute “unauthorized employment”, ie hiring property managers, contractors, and the rest of my team, marketing, etc.I would love to hear back from any Canadian that is in the same situation as I am currently or anyone knowledgeable with these immigration issues.I am a high income (in non covid times) health care provider.

- Do you consider yourself a LANDLORD or a REAL ESTATE INVESTOR?- Do you think giving uniforms to workers has benefits?

No cash, The rest come in as "manual" credit card or ACH payments online or over the phone. 

Our current situation would require us to first rent the property before officially moving in.

In the example above, if your payment due was $1,100.....then $1,000 goes to the interest due and the extra $100 reduces your loan balance to $99,900, so......The following month, 1% of $99,900 is $999....so that amount goes to interest for the month and the rest of your $1,100 payment, $101, goes toward principal, lowering your loan balance to $99,799....and so on and so on. 

I would like to find an older investor that is looking g to retire, put 200k of my own cash into it and finance the rest.

There is a $15k gift exemption, but the rest of the equity would be taxable.