Given the fact that a price has already been established, you have to beat that number to even make it interesting.3.

Should I be looking there to try and capitalize on those newly established tax benefits, or do most of you expect those will go away once the Trump tax cuts expire?

There's no need to do this.Rather, why not REFER the notes you find to established note buyers at first?

Reg. 1.280A-1(c)(2), which excepts from the definition of dwelling unit any portion of a unit used exclusively as a hotel, motel, inn, or similar establishment, seems to apply to this situation.

It may be more beneficial to network with the already established groups.

You should go to the area and get a good feel for it a couple times maybe and try to establish a ground team.Are you planning to do the rehab yourself?

They have a university and a well established hospital, I don’t think salmon arm has the same level of stability when it comes to businesses/employment

that's how reporte' is  established not on the phone e mail text.. 

I barely have enough money to get in to the established areas, much less tie it up for years to get beat up with bad tenants and maintenance heavy homes that don't carry enough value for major renovations. :) Just my take for now... but wait a minute and it'll change.

First pint to start is to research and choose a market, at the same time you should establish your buying capacity - what can you afford to buy?