I strongly recommend reaching out to an experienced commercial real estate agent who can help you avoid costly oversights on your first deal.

Research if there are treaties to avoid double taxation.2) You have to worry about what happens to the property in the event you pass away - How do they treat inheritence / inheritence taxBest of luck if you do decide to invest in the US.

Absolutely have a smart thermostat in any mid-term rental.Accepting pets will make you more and will help you avoid vacancy, but it comes at a cost.

Avoid These First-Time Flipper Mistakes• Underestimating rehab by 20–30%• Not budgeting for holding costs (Baltimore permits can drag)• Ignoring foundation/joist issues, extremely common in Baltimore rowhomes• Buying on the wrong block because “the numbers looked good”Out-of-state flips succeed when the team is strong, not when the spreadsheets look pretty.5.

Smart move avoiding those $30k courses, most successful wholesalers I know started with way less.

But I also thought to save up for 20% on a downpayment to avoid paying premiums.

Neighborhoods with a good rental market, up and coming neighborhoods, neighborhoods to avoid and any/all resources in that market.

They do not plan on using a management company and would like to avoid the $800 a year fee in CA to maintain an LLC but understand that may be necessary.

Here’s a full, distilled synthesis that pulls together all 13 responses + the final long one, with extra focus on what people repeatedly agreed on and what showed up most often.Executive Summary (One-Page Takeaway)There is overwhelming consensus that:Normal wear and tear is expected, unavoidable, and not chargeableSecurity deposits should only be used for clear, provable damageBorderline deductions are almost never worth the conflictThe standard is not “what technically could be charged,” but “what you’d confidently defend to a judge”Most experienced landlords and PMs favor a conservative, documentation-heavy, expectation-setting approach that prioritizes fairness, consistency, and dispute avoidance over maximizing deposit recovery.The Strongest Areas of Agreement (Mentioned Repeatedly)1.

.• Building relationships: By showing up consistently, agents can connect with buyers who need representation or sellers who want to avoid foreclosure.2.