Be as detailed and specific as possible when mentioning your future plans, current operation/experience level, ongoing projects, etc.

To be specific, they pay $1,300 a month when I probably could get about $1,600, though I do not know for sure, as last year was the first time it was rented. 

2) How much landlord & specific market knowledge do you have to do this?

Closing costs vary based on State and County for Taxes, Insurance, Doc stamps, transfer taxes, Title, and every Bank/Lender requires different points/hard costs.If you have any specific questions of if your just getting started feel free to message me or reach I out. 

Plus, how will you evaluate a property if you don’t know your lender’s loan criteria?

Happy to chat further if you have questions about a specific area.

Or god Forbid you put some equity into the deals.. the idea that you can buy reahab and refi and not have any money in the deal works in very specific markets it simply does not work in most though so you dod the deal and maybe you get 70 or 80% of your cash back if you want to break even or cash flow positive.. if you want all your money back then U take negative cash flow until you refi and rents rise both might happen in a few years.. so temporary negative cash flow.Virtually every investor on the west coast that is paying wholesalers or off MLS etc with all money returned on refi or minimum down will be negative cash flow for a few years.. but then appreciation kicks in and thats were real wealth is created not making 200 a month.

I have no specific properties in mind as of now, but wanted to reach out to all of you and see what factors I should be looking for/at once I am physically there.

Specifically, the dramatic difference in purchase price and foreclosure rates in the States vs Canada.Granted, I'm sure that with enough digging, good investment options can be found in any market, but after a very quick comparison of my local market (Peterborough, Ontario, a city of under 100k about 1.5 hours outside of Toronto) with, for example, Buffalo, the price discrepancies are MASSIVE. 

Use these links to see what the demand looks like for both criteria and then pivot from there.