(I plan on offering first year incentives to get it filled up right away which is needed for final financing)The other issue; not sure how I'll feel in 5-years at age 70, 71, 72...dealing with twelve tenants and all the issues and turnovers. 

What has been the biggest success for you as a newer investor friendly agent between the age of 25-35? 

@Sunoo Bertsch - The administrative items can be a burden as your portfolio grows, but for me the more stress was having reliable contractors for maintenance and repairs and managing the schedules around that - essentially making sure the contractors go at a time when the tenant is home and available. 

Thanks in advance for your help.   I have 2 investment loan options for a property I’m under contract for at $117k “as is” property, the ARV is $175k, and the rent should be $1700-$2k. Loan 1 is with a local lender 5 ...

I have a secure well paying job that'll mainly fund my real estate endeavors, I been studying real estate and I see how building a strong team is key to long-term success, especially if done right at a young age.

Many that I see have beautifully renovated interiors and claim to be in desirable neighborhoods, but I'd be concerned about the building's age and potential major repairs.  

This community is an incredible resource, and I’m excited to learn, grow, and contribute.

Right now I'm in the Condo market in Vancouver BC and I'm wondering if there is such a thing as a good stategy of when to buy and when to sell in regards to the age of the property.  

We have found that looking at percentages for capital expenses are sometimes useful in hind sight or as a portfolio grows to figure how much you'll need to support new value add properties.

Given my age and current position, would you prioritize diversification and higher potential returns, or simplicity and local control?