The Property Manager of the upstairs unit didn't do anything to mitigate the damage in your unit and refuses to pay for it.

Thanks, I'm also thinking of other ways to mitigate the risks factors as much as I can.

However if you plan to scale and build, it can make sense to a lot earlier (I would also consider timeline to building your portfolio).Keep in mind that rental income inside of a corporation is considered passive income and is taxed at the highest possible tax rate (52% I believe) so there are strategies with multiple corps to help reduce this somewhat.Not to mention that you can expect to pay $1500-3000/year for corporate tax filings and $500 or so for legal upkeep…and worst of all is that everything in and out of the corporate accounts has to be tracked and accounted for.Transferring properties in certain provinces can also trigger land transfer taxes etc (BC).Being incorporated does have some benefits - mitigation or liability.Long story short, there is a lot to consider and definitely consult with an accountant, lawyer and a seasoned investor.

Of course, there are effective appeal strategies In Georgia that can help with mitigating the tax liability increase due to a sale which would increase cash flow as a result.

With all mitigating factors being considered and given your score and how the rest of your criteria (experience, reserves, etc), you may still be able to qualify for 80% LTV.

It costs me a decent lunch and a six pack but will definitely help mitigate the risk of big surprises.Thanks!

I see a lot of playground in multi family  that look much more dangerous to me, but I'm not sure that should be the only question.

I would not want to live now with the Cartels in Mexico and limit my ability to travel around freely without danger.

As we watched the house appreciate quickly in value we have realized that real estate can be a really wise investment, if we take the time to learn the ropes and mitigate risks.

They are normally breeds that are well equipped to provide the service, with some overlap to dangerous breeds.