Keeping the metaphor from my post last summer, it would seem the train has not eased back:Canadian housing market hits record in April for average price and sales totalAs per usual Vancouver, Victoria and the GTA are providing the fuel stoking the fire.I am a little surprised to see Saint John, NB listed as up by 4.6% as there is a huge glut in inventory (including REOs) in the City proper.Sooner or later there will be a bend in the track for which the train will be travelling too fast to navigate.Naturally, all the pundits are will now come forth to pontificate.

Been flipping homes for 2 years now and the inventory of distressed homes seems to getting harder and harder to find.Think of getting into the buisness of multi pal family dwellings for income.

On the other hand, parlaying my existing equity into a portfolio of 3-5 cashflowing properties in the $100K range (with 20-25% down) in other parts of the country -- places like Memphis, KC, Charlotte, etc -- is attractive because if I get in with the right Turn Key companies I could use my cashflow to continue to acquire additional properties over time and leave the details to the professionals.Are there other strategies I should consider? 

Kris Freeberg if your investors are in the 1-20 unit range I have been using truerent.com$10 a month and I am happy with them.

@Wade Stahle if you're waiting for the market to soften, I think it has a little bit if you look at the inventory numbers.

The values have really jumped due to such limited inventory.

We split the loan interest/fees or perhaps we, the rehabbers, pay it all.Our tax question is, on a typical flip, your property is considered inventory, not an investment.

If so, you have "inventory that is available for sale to the public" and not "property held for investment in a trade or business" as required by Section 1031.Michael Lantrip. 

I like it because I am able to search based on my desired zip code then narrow down the search by entering in specific criteria such as bedroom count, equity %, median price range, etc.

It is pretty loaded question and a ton of people on here have a wide range of experiences and expertise.