Looking at Calgary and Lethbridge for rental units

[David Baye]

First time dipping my toe into the rental market.  Does anybody have any experience in these markets?  Any thoughts, advice and feedback is appreciated.

David

[Matt Calnan]

Quote from @Stevo Sun:

Quote from @David Baye:

Thanks for the response.  My focus has turned to Lethbridge due to the lower entry cost and it looks like it is cash flow positive.  Sadly, I don't know what I don't know so I have no specific questions.  Are you active in the market?  Things seem to be going quite well in Alberta these days.

 Alberta is a boom and bust province. Things are quite active now and Calgary prices have been driven up a decent amount (but this is also true for a lot of the other cities in Canada).

 I agree that for most of Alberta this holds true, but in Lethbridge we are very steady in our economy including our real estate market. We don't get the big upsides but almost never have downside to our housing market.