My personal interest is in rental property investment. how much minimum income needed to start real estate investing in British Columbia, Vancouver or Alberta, Calgary region. with current affordability I can only purchase one 2 bed condo. with current rental market its not possible to generate +ve cash flow with even 20% Downpayment. curious how people are making money or is this just real estate scam to sell properties? 

We’ve gone through the process of doing an application and submitting the required documents, and our lender is saying our combined income is too low, even with a significant down payment. 

Even though this would also be an equally small loan, banks can't turn those down if your credit is otherwise good because that is considered red-lining which is illegal for owner-occupied loans.

I am glad to be a part of your huge community and I hope to bring as much value as possible while I grow.Thank you in advance for all of your answers and I wish you even more profitable deals!

Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.

He acts as project manager, sources, finds the subs, and even oversees the staging.  

And even if they were, it would be a waste of everyone's time. 

Some people are really comfortable with holding properties that break even for a time. 

Even worse, all of the depreciation recapture taxes allocable to the $500K will be recognized and due in the year of sale. 

It takes about 4 hours per package if they require scan-backs and even longer with people who read the whole package before signing anything.