Being too careful or just paranoid?

[Aoun Rizvi]

Hey guys,

I need some help. I've been researching, consuming information for 2+ years so I can start to invest in long-term rental properties. I'm at a point where i'm double guessing everything. I think I can tell a good rental property from a bad one, but I'm really lacking the confidence to make a move.

Here's what in my head, in general:
I'm located in Ottawa, Ontario, looking to find investment opportunities in the surrounding area. Pretty much looking in neighbourhoods with attractions such as hospitals/schools/malls/city offices. Basic 2-3 bedroom single home, not a huge fan of condo's.
Talk to property management companies in the area to see average rent, vacancies, etc...
If the math checks out, then i'm good right? What else could I be missing? Or am I just paranoid?

Thanks in advance!

[Tyler Stiller]

@Aoun Rizvi

Make sure to get financing approved ahead of time!

Go look at a bunch of properties, get confident in looking at priorities and work with an agent that knows a bit about investment properties