Looking into a Canadian triplex 30 minutes away from a major Canadian city.

Not the best, but better than each being an agent and principal for the other under a GP.The overwhelming majority of people use the LLC to hold property.

And majority of money back I had to put down for hard money and any reno cost?

It's not a major downturn yet but places are starting to sell for about 10% less then they were in 2016 and 217

I think it would really depend on your needs, there are probably places like this in the Midwest or even upstate, but you might want to look near a major airport if you need to fly in an out of the location often.

Most of it is never used when performing the duties of an agent, the vast majority at least in CA was memorizing terms such as styles of roof, types of financing, types of easements etc. 

Of course this is also a function of us avoiding a direct hit from a major hurricane...

Now if you plan on making an addition or something major like that, yes, you'll likely need a building permit. 

The Trust is the key component to AP.

@ Andrew Major - It takes 1-2 months to close if you finance conventionally.