Learned a ton in the process!!  

Every buyer (whatever that buyer's intention are as a home owner, landlord or whatever) performs his own due diligence and paying property taxes is part of that process.

I wish u would have known how much fun the whole process is.

Same question, can you receive higher than market rents and is your profit higher or are there additional ongoing expenses.

I just closed on a deal for another Canadian and they are now in the process of fixing up the house and they will then sell it for him.

I'm also well interested in the process of investing in to troubled house to turn them into passive income.

We are brand new and are in the process of gathering all the data to arrive at our maximum total offer allowance.

But if I try to get another loan from the same bank that gave me the first mortgage, wonder if someone in underwriting in process of verifying income against mortgage might raise a flag: 'why does one of our mortgages have a land contract against it...'

Your exiting 401k funds would be processed as a direct rollover to a new 401k sponsored by your new C-Corporation real-estate operating company.

You're thought process seems to be based on what it would take to get the property (wrong way), instead of what you should pay for the property to make you money (right way).