I'm looking into a few different options of ways to purchase a home once I get around to buying my first one late next year, and one of the more attractive opportunities is a state program for teachers who are teaching in-demand subjects in transitional/priority (read: poor) districts, which is what I believe I'll be doing in a year's time.There are a lot of incentives, but the only big drawback seems to be that in "some cases" (super vague, can't dig up too much more) if you sell the home within 9 years and make capital gains, you can be charged what sounds to be a pretty hefty federal tax. 

He said, "Don't trust anyone, not even me."......As I said in other posts, experience is the greatest teacher in the world except for the fact that she sometimes kills her students.At 18 with a wad of money, everyone will have the perfect investment for you.

I think that's great if you all don't wanna rent to them because that means I can up charge like I used to for people that really adore their large pets and get more $$ Enable turned out they were more caring about the property then the other ones with children you gotta paint the place after they leave anyway

I’m a licensed agent in East central Florida as well as a HS teacher.

If you don't you will not only enable him, but your good paying tenant will soon think that he/she can also stay in your property for free.

We highly recommend J Scott's 'Estimating Rehab Costs' book to get you educated but experience is the best teacher. 

Perhaps developing a seller financing strategy that enables you to refi after say, 3 years.

The ethical path avoids problems down the road, enables you to sleep better at night, and will pay dividends in your business dealings with others, etc., etc.

For one or two properties this may not be terribly punitive, but if your plan is to grow your property holdings in the U.S.A. over the coming years, you may want the ability to control how and when any revenue is repatriated to Canada ... in this case, you may want an incorporated entity (LLC) in the U.S.A. to "own" the properties {there are pros and cons to this approach as well} which will enable you to keep any retained earnings in the U.S.A. - unless you choose to repatriate them.If you plan on holding properties in Canada as well, depending on your income from other sources, you may want a Canadian company in the mix as well.  

Really wish it was on Google Play with the "Read Aloud" option enabled... :-) I actually found it much better than the "the Smart Section 8 Landlord".