I fixed it up and turned a 3 bed 1 bath into a 5 bed 2 bath and the property has appreciated a good amount - so my thought process was to pull out 80% or so to then buy another property with the line of credit.

Once the non-paying tenants moved out right after closing, I renovated their 5 bed 3 bath (2,600) sqft unit and got it rented up for $3,125.

Thereby avoiding a "No assignment" clause in the purchase contract and doing a double closing with the associated fees?

Being Canadian and not really planning on working in the US, not sure this would be worth it due to the cost to set this up and the continued double taxation. 

I'd say a 3 bed as a minimum too.

Hey BP folks,Was hoping I could get some insight into the below deal that I currently have under contract, where we are looking to turn a vacant 27 unit apartment complex (45 beds total) into an assisted living facility.

If he buys a bed that won't fit through the 32" door, will you install a 36" door for him?

My realtor agent mentioned that we could look into mid term rentals for traveling nurses, corporate housing etc and make close to double what we would get in a LTR.This is our first property, do we play it safe and do LTR or do we take the leap and rent it out to traveling nurses, corporate travel.

I'm looking at a Townhome that is 3 bed 3 bath, 2,000 sq ft, 2 kitchens on two different floors, peekaboo views of the ocean and is less than 1,000 ft from the water.

Because of its location, I cannot have two proper units, but can have a main unit and an ADU or rent as one house (although I’m hoping the new development will bring a change to my zoning code)  The basement has 8ft ceilings and is completely finished but I’m thinking of digging down behind the rear wall to add a full bedroom and reconfiguring the floor plan to accommodate another room, kitchen, and door to walkout (2 bed/1bath unit).