The market in Calgary is doing well at the moment no?

River park area is great, around the hospital on the shore is having a moment as well.

For someone in your position, your job is going to be an incredible asset to be able to purchase cash flowing assets. 

It's incredible how much valuable insight comes from the BiggerPockets community, and I really appreciate it.

@Tim MelinPro - didn't take into consideration personal income or debt.Con - stiff prepayment penalties that are typically a 5-yr step down and the rates have gone up considerably in the last two months making them a poor option at the moment if you believe rates will go down in the next year or two.

Right now, the renters do not fill out any sort of application, they move in as soon as they look at the unit and move out on a moments notice.

SoCal and Columbus OH are two incredibly different markets. 

Let me break it down for you:Why Bay City is catching my eye: Incredibly Affordable Entry: Average home prices around $70,000-$80,000.

At the moment in northern VA (NOVA)  

I am learning more and more about section 8 and wonder if it would be a good strategy to convert the project to that as I checked the zip code and what you get for 1 and 2 bedroom apartments is much more than what we are getting at the moment.