Currently, I do not own an investment property, and would like to own one in the near future and follow a buy and hold or house-hacking strategy (eventually transitioning to more multifamily).

You can recover from losing $100k (I speak from experience) but how long depends on your current means. 

I would like some additional input and guidance on a current project that I have. 

I am an automotive mechanic currently making just shy of $30hr.

His current CPA is 75 years old, and we will be looking to change over to a CPA with a real estate focus.

I currently own a house.

Its important to factor in the costs to remove the current tenants.

Run  some 220V wiring in pvc underground (licensed electrician) to power a good pump if you have space/amperage reserve in your electrical panel. 220V requires less current to run than a 120V for the same power, so it's more efficient.This guy has a lot of good videos on diy yard drainage systems.

My personal interest is in rental property investment. how much minimum income needed to start real estate investing in British Columbia, Vancouver or Alberta, Calgary region. with current affordability I can only purchase one 2 bed condo. with current rental market its not possible to generate +ve cash flow with even 20% Downpayment. curious how people are making money or is this just real estate scam to sell properties? 

Hello all, Let me introduce myself: I'm an EU citizen currently living in Valencia, Spain and thinking about doing a fix & flip in the city.