Buying our First Rental Property in KW-Ontario Region.

[Kuber Singh]

BP Pros, 

Is it just me or is it actually hard to find realistic +ve cash flow properties generating decent cash on cash returns around the KW-Cambridge area? 

We never have and don't plan to own our own roof to live under at the moment. We currently are renting a brand new 4 bedroom and sub-leasing 2 bedrooms and living for under 1000$ a month Net. TBH quite enjoying the flexibility of renting and the enjoying the frugal benefits of saving and investing some funds in long-term stocks and ETF's. 

Looking forward to getting started on investing and building alternate sources of incomes. So far most SFH properties I have looked for, seem to be a hard push into the +ve cash flow area. Apart form cash on cash returns, what sort of realistic ROI do you use for appreciation in this area? I'm guessing about 5.5% based on historical averages but then again, this is a fast booming area in Ontario.

Any tips on getting started with analysing deals and buying our first rental property would highly help! Open to working with Realtors specialising in this niche.