I think the biggest thing helping us is the ever moving line of acceptable commuting distance and ever increasing house prices as you move closer to GTA.I still see the higher rents and longer term tenancy in the 6-20 unit buildings with 2 bedroom units.

There's a monster post about turnkey issues involving PM in Indy that went sour, but Marco is trying to remedy it.

If you get attorneys and eviction crews involved expect to maybe pay 500 or more with filing fees.

I'm working on setting up a new company now to get involved in the residential flipping space.

I would think private money would be the best direction to go; keep your money in reserve in case you encounter any surprises on the originlal project or in the event another opportunity presents itself prior to finishing the original project; While your involved on in one project, you always have to seek out the next one.

My issue is that I don't want to buy the property for cash and then have my end buyer change her mind and back out leaving me with an unwanted property and no cash.There will be contracts involved for both parties but what specifically should I do to protect myself so that I don't end up getting stuck in the mud.

We bought 1 property for $15,000 and flipped it from top to bottom for a total investment of $43,000 We have also bought several in the price range you are looking at and been able to rent them with very little extra cost involved.

Or are there much smaller regional REITs that aren't publicly traded that I could become involved in?

I'm excited to get involved in the Bigger Pockets community, I've been reading through the articles and forums over the past few weeks, there's some great information and resources here!

Who is involved in the 1031 Exchange?