We're a required add on - but hopefully an add on that adds value - and the power of deferring that nasty tax and depreciation recapture is certainly a value!!

The owner used his power of attorney to take control of the property and get it sold.

Anything is possible, but it will require more will power than you have ever expended in your entire life.

Aidan - you should get a loan pre approval completed  as a first step  even before connecting with a real estate agent  ..this will allow you to check credit history / buying power  and  become familiar with the  figures  .....if this process  provides  you with the loan amount  / purchase  price that  works for your scenario  - great  ...if there are weaknesses - the you become aware of the facets that need to be addressed ..

Problem is, I have not closed on the house yet, and the power is off.

You'll need to add a dedicated power circuit and power to the inverter (outdoor unit).

As I listened to the Bigger Pockets Podcast episode 326 where they talked about Gobundance and the power of having an accountability partner/group, I thought it would be awesome to start an accountability group of 5-6 people.

Hi. I am relocating for work overseas and would like to give my POA for my property to my cousin in Ontario. Do I need to contact a lawyer for drafting a POA or can I just use the format on https://www.attorneygeneral...

Keep your 6 months sense of velocity on, and also take @Joe Villeneuve point of focus on getting deals not properties, deals can come in many different ways, solo or partnerships that fit your current financial buying power.

Powerful illustration with the 2003 apt building versus REIT example...