Thanks Vicky,I have set a goal of being involved in over 100 real estate transactions in 2014.I also have a long term view of 50% revenue growth for every year.Thanks and have a great day.

Over time the small steps will lead into big results.Do not grow too big to fast as a few good decisions and years of growth can be wiped out in an instant from a bad investment choice.Time is on your side.

I was looking at a retirement city that has 25% vacancy rate.Here is some other data:-population 21k-population growth 14% (since 2000)-median sales price 129k-year-over-year return -12%-quarter-over-quarter -14%-sales price 5 years ago 192k-2006 sales price 270K-median rent listed 1250$ (-22% change since a year ago)I like the fact that there's definitely room to grow (between 2006 price and current), however I am concerned about 25% vacancy rate and decreasing rents.

I live in an area with tremendous growth potential but the properties I seek seem to be diamonds in the rough.

If you are young and earn a big salary, an RRSP will reduce your personal income tax and you have time on your side for those investments to grow. The

What is one super important (or two ;-)) task it covers?

Perhaps your tenure has warped your thinking and stunted your growth..

It is important to plan for this growth upfront so that your path can be implement in the most tax advantageous manner possible.

Personally, I'd try to find a successful rehabber in your area and offer to volunteer your time helping with project management or menial on-site tasks -- this way, you get to see the renovations first-hand, and if the rehabber is a good guy, he should be sharing his knowledge with you in return.

Obviously job-growth and entrepreneurship are key to success.