I personally am looking for rentals within a few km's of either Sault College or Algoma University because both those schools are focusing on attracting more international students. 

I doubt you will make enough to make it worth the management fees and stress when you can make and take a tidy profit and invest that into multiple investment properties and use the VA loan to buy your personal residence where you are going.

It seems like a dramatic failure to me. what I have seen is landlords in markets were houses actually sell for a lot to retail buyers they just sell them and take the rentals out of production..

The property is in need of overall cosmetic repairs.3) Abandoned personal property What is the proper procedure for handling abandoned personal property found in the house I have taken possession of?

Run your numbers, talk them through with someone you trust in person, and then rock on 

I am interested to learn more about this opportunity and invest But I am located far (Canada)Can somebody share contact of person/company who might be able to assist with this ?

I have done things with attorneys, CPAs, stock brokers, insurance brokers and others successful in business.General business knowledge, understanding of financing requirements, knowing property valuations, maturity in personal financial matters to give general advice, understanding of the foreclosure process, legal aspects as to liability in leading someone into financial matters, fully understanding fraud issues and the differences in a general matter where fraud might be applied as generally thought of and what may constitute bank fraud causing or even attempting to cause a loss to an insured bank having different standards.

It's only for the lazy and unorganized person.

Any suggestions or personal experiences for the FHA 203k loan?

While I don't want to jump to conclusions, the picture on the ID is 100% inconsistent with the person I have seen.I understand the seriousness of accusing someone of identity fraud without concrete evidence, but I also have a responsibility to protect the interests of our property and existing tenants.