Also in many areas prices are very high.

That said, I’d still highly recommend Hospitable to others.

If you are new to the business the most common issue is you're either locking up deals too high or you aren't finding attractive deals.

I won't just write them all here but I highly recommend contacting a qualified 1031 intermediary to walk you through the process.

There was a news reporter at the sale and they interviewed the high bidder, who admitted that they had not seen the property, but were certain that they would be building their family home there. 

If you rent in a high-crime area, I wouldn't suggest it.

These are things at the high level I want to be looking at for all my real estate purchases. 

For the PA investors out there or maybe in other states with high transfer taxes (2% of property value).

Couple other things to consider, property / school taxes are high, and tenants have lots of rights.

This is a self directed RRSP or TFSA account that allows you to lend your money out to people with the backing of their mortgage for a high interest rate. 1st, 2nd, 3rd mortgages, down payments, refinances, flipping or renovation money.