Didnt last too long as it's impossible to find anything at that price so close to metro in NoVA. 

I've moved away from NOVA to areas south and west, which is better but not by much.  

Fredericksburg is NoVA, 10% or $100 per year is common.

I can walk you through some different options.HRM building permits and inspections are notoriously more difficult than the rest of the Nova Scotia.On the plus side the land is already a solid equity position

Checkout Prince George in BC, New Brunswick, Nova Scotia, Saskatoon, just to name a few.

Does anyone know what CBC Innovis or Nova Home Loans are?

(read: Nationally Chartered) ....At least you didn't ask me if we have the Bank of Nova Scotia down here ;-)You can find residential and small multi-unit properties for between $20 -$30K/unit still.  

@Seth Firestone When you say the property will "Cash Flow around $270 per month", Your Cash Flow calculation should have a vacancy reserve factored into it along with CapEx, Maintenance, Property Management, Landlord Insurance, and any other cost the landlord may be absorbing.For your vacancy reserve some people do a percentage of rent collected, I personally do one month worth of rent just in case the tenant moves out after one year, that's never happened but I do everything on a conservative level.What type of Asset are you buying that has a $3,000 mortgage in NOVA, and What will that asset rent for?

Hi all,I'm new to real estate and located in the DC/NoVA area which is a very high CoL area.Looking to purchase my first property with intent to rent a room or other unit to someone else to help pay the mortgage. 

I'm looking to invest in MFH in NOVA.