Ironically, the Coronavirus pandemic is the first recession on record where personal income has actually risen, thanks to government stimulus checks and boosted unemployment insurance payments that are now, unfortunately, long lost memories.

You risk harming a homeowner, wasting the time of professionals, and possibly hurting yourself if you mess around on a transaction that is subject to foreclosure rescue/consulting laws without knowing what you are doing.Go buy an open market home using government financing and down payment assistance.

When selecting amarket, we focus on 6 important criteria: Job growth Household growth Construction permits Demographics Tenant laws Strong government leadershipGreat returns typically follow these 6 criteria.Something I did while researching markets was to set up an excel grid to compare multiple markets and used a conditional formatting to show the strength of the market compared to the others.

Why rent when t(e government will make it almost impossible for you to evict?

Assuming your credit score and employment are good, the key issue you'll run into is your debt ratios.The banks and B lenders will use your Gross Debt Service (GDS) and Total Debt Service (TDS) ratios.I usually recommend that people use out the CMHC provided Debt Ratio CalculatorThere is also the government of Canada's Mortgage Qualifier Tool which is quite good.Make sure you enter your T4 reported income into these tools for accurate results.

She has an integrity problem and will lie to me just like she wants to do to the government.2.

Opportunity Zones are designated by the government and offer investors tax benefits such as reduced capital gains taxes when buying and selling within the OZ.

But unless we see a government bail-out for the unemployed (20-30 Million) we are going to see a bevy of foreclosures, which is going to drive the market down on its own - irrespective of people trying to get out before they go underwater, which theoretically should drive prices down even further. 

I've been living in Ireland for almost 5 years and I have been doing some abroad investing in Poland (where I am from) and I'm planning on expanding more into investments in Ireland.Btw, since you are planning to rent for Airbnb, you should learn about the Irish Airbnb regulations:https://www.citizensinformation.ie/en/housing/owning_a_home/home_owners/renting_your_property_for_shortterm_lets.htmlYou need to register it with the government and get a permission to do it in the Rent Pressure Zones.

I live in a over-saturated city ... rent rates so high it has put the homeless rate at an all time high. ... before I can turn this in to a more philanthropy aspect.Hi Christian,If you're interested in housing people from a philanthropic aspect, It might be fulfilling to get involved with a local homeless help non-profit or government agency.I say this because the efforts of many are more powerful than the efforts of one.