Vancouver Realestate Strategy?

[Patrick Rychter]

What is the best investment strategy for places as expensive as Vancouver, BC. I live there and would love to continue living there, however the prices of homes have become in-affordable and unattainable for the amount I make. I would love to be able to flip houses, or attempt whole sailing (also I'm super open minded to any investment strategy) but to be able to afford investing in a market like Vancouver's is improbable, at least from small amount of knowledge I have so far.

My main question, is it worth investing in Vancouver or should I be searching for alternative options out of province?

What is likely the best strategy for investing in Vancouver in order to generate the most profitable cash flow? Likely, if I buy a home here, I wont be able to generate enough cash flow from renting it out to continue buying new real estate anytime soon. And even then, all my equity would be tied up in one property.