Additionally, unless you have a good bit of REI experience (you don't), lenders aren't going to just hand you a line of credit to "give it a try

That document can be handed to my GC for a full bid or can be broken up into pieces and handed to individual contractors.I also use this SOW as part of my contract(s)...Here is an example of one of my SOW documents that I could just hand to my GC for a bid:http://www.reistartup.com/wp-content/uploads/Second_Chance_House/Scope%20of%20Work.docIf I was going to sub it out myself, I would break the SOW into the categories above (as opposed to breaking it down room by room), and hand off the specific requirements to the specific contractors...

If I buy a residential property in Canada to rent it out by using a mortage loan is there a tax deduction on the interest of the loan.On the other hand, if I buy my first residential property to live in then how is this taxations and tax deduction effect on the mortage loan.

So, maybe this is about break even.I understand helping family.On the other hand, he's struggling with the $1300 payment.

I would like to learn first hand.

Real estate is a hands-on business that requires that you build relationships.

In many states, you are required to have cash in hand, in the form of a cashiers check inorder to bid on these properties and to purchase them.

It's only the timing & lack of timing we have available now, which has handed us our difficult circumstances.

Oh and one more thing - homeownership and a lack of personal responsibility do not go hand in hand.

I was consistently nailed for loose hand rails, smoke detectors with the batteries taken out, Fire extinguishers out of date or not in place, loose door knobs, typical renter mentality stuff, the lines in the parking lot were not dark enough one year.