Does anyone take this info into consideration when looking at a rental market or is such analysis unnecessary?

Eliminate debt, establish a budget, and save.

Mainly, what % of that $500k are you able to save and is there a desire to relocate?

BiggerPockets website is good for the American market (mostly) but you will also find lots of Canadians on here and some good info on the Canadian market just by searching.There are worthwhile local West Coast resources for learning real estate investing in general and the Canadian and Vancouver markets in particular.

Great info! 

You didn't save 40% you spent X that could have been used for marketing or growing your business

@Ryan Cousins it's really going to depend on YOUR analysis/projections of what you think the property will be worth in the future.You'll want to compare that to any capital gains tax-savings if you sell now.

Buy and renovate the property and in 6 months do a simple cash out refinance and pull out some cash and start the REI process all over again.I am North of you up in Pinellas County West of Tampa and there are also some great places up here that might save you some cash. 

In fact, a couple of recent studies have shown that working with a broker typically saves about $10,000 on a residential mortgage.

For rate scenarios lenders need to know much more info:1) SFH, Condo, or?