Additionally, I’m curious about how this would apply to properties in provinces like British Columbia, Alberta, or Ontario.

What else i should ask inspection to look for in addition to below.

You could lease spaces or use a service like SpotHero to automate rentals.Triple Net (NNN) Leases – If you want real estate income without the headaches, look into NNN properties.

If you’re serious about buying properties and doing real estate, then I would suggest working with the CPA that understands real estate even if the services cost more than your average H&R Block or some TurboTax program you can buy.

I also make sure to specify in the lease agreement that I need proof of coverage before move-in and that the policy should name me as an “additional interested party.”

There is almost no scenario where a condo would ever positive cash flow while servicing debt, and very little positive cash flow with no debt.If your budget only allows for a condo, find a better place to put your money to work.   

I went to go to customer service and the whole website was gone and the company had disappeared taking my money and countless other people’s money with it.

So, in actuality the divide between “good” PMs and “bad” ones is probably no different than any other service provider, be it real estate broker, mortgage originator, etc.The key word I has in my sentence was MAY; as in MAY be hazardous to your financial health.  

However, be mindful that preventative maintenance, such as HVAC servicing, can arise even with recent renovations.

Additionally, I have $100,000 in cash in the bank, and my monthly expenses for my home and family are around $3,500.My wife earns between $100,000 and $120,000 from her W2 job, while I've recently lost my job but found a new one that pays $65,000 a year.