What to do with Second property

[Adam Goyette]

Good afternoon everyone,

I recently purchased my second property. (1st being a duplex, and now a single family home) it has 4 bedrooms and is a great size. It is about 1hr out of the city of Ottawa, Canada. I will get the keys in about a month!

I am still contemplating what the best way to go about this deal is. It has great rental ability and won't have a problem getting positive rental income each month without dropping too much money in it other than just updating some flooring and some paint. Although rental income is great, the comps in the neighborhood are not much higher than what I paid for my place (some exceptions), so doing a brrrr on it might not be the best stratagy? I would like to scale as fast as possible and would like to use OPM as much as possible.

What are the best ways I can use to move up as quick as possible?! Any help is amazing thank you :)

Keep in mind I am in Canada so some American rules don't apply:/