So my biggest lesson I learned was that I need to be in total control of my deal no matter what.

@Jordan Doolittle if i started over i would buy 2-4 multi units and move every year. 10 years you would control between 20-40 doors.

I hate HOAs...you have no control and they can kill your cashflow.

As standard practice there is also a lead based paint disclosure if the home was built before 1978.  

Those would be state/local laws and “common practice” by local judges. 

Surprised real estate doesn't play a larger role in a wealth management and legacy planning practice. 

I control a 42 unit mobile home park through my LLC. 

If the market cap rate is still 5% after 30 years that property will be worth 2.43 times more in inflated dollars.Of course the purchase power of these dollars will be 2.43 times less, thus making a real gain on this property to be nothing. (3% inflation means that $1 today has the same purchase power as $2.43 will have 30 years from now)If you want to have a real capital gain, your NOI has to outpace inflation while market cap rate has to stay the same as at the purchase time.For all practical purpose, very few people hold apartments for 30 years and NOI grows faster than inflation because of the value-add.

I am exploring potential markets to invest in as I diversify my real estate holdings and I'm curious if it makes any practical sense to look into investing in Canada (specifically Montreal) from the USA?

@Frank Geiger I didn’t make a offer, I just came across and wanted to practice .