(I'm single so I will be renting out the additional rooms). 

I’m still very young and looking to start building a portfolio, however, I wanted to grab one of these properties and finance, to free up as much of my (soon to be) capital to begin additional projects.

Land is always money draining exercise since no cash flow and only cash out. 

Basically that is coverage that an insurance company provides in the event you have a covered loss to part of your property and when you go to rebuild you have additional costs due to bringing the property up to current city or county codes. 

Of course, this is in addition to everything else that everyone has mentioned. 

Additionally, I have always wanted to start and run my own business, which is what attracted me most to real estate investing. 

@Jacob Budzynski email me if you need additional information

Then after the ghost passes the background check, charge her an extra $200 a month for additional tenant.

the other thing she did was charge pet rent every month - an additional $25.

If it's determined that you are not a tax resident of Canada you would be able to benefit from the lower US tax rates and additional tax benefits such as the use of 1031 exchange, and accelerated depreciation.If you would like to discuss your situation in a bit more detail feel free to reach out to me directly, I may be of assistance.Thanks, Elliott