I have a diverse background in real estate, having served as a commercial acquisitions analyst, constructor, investor, and professional real estate copywriter.

The city has seen significant population growth in recent years, and with its diverse and vibrant economy, it is an attractive destination for both students and professionals.

The diversity is great with 5 units (or more units than one) since one unit has a vacancy it's 100% vacant.

The trend toward flat roofs is just silly in most areas (bc it causes water diversion problems, which then cause a myriad of other problems).

I could claim for diversity, but the high return I acquired at good buying times.  

Too large and diverse to make a macro comment about the market.  

. - Be a role model to my children of financial diversity/independence, thoughtful risk taking, willingness to fail, learn, and fail again, growth mindset, and entrepreneurship.

., etc.Other than age-specific issues like LBP and asbestos, the things I'd look for on an old house would be much the same as what I'd look for on a newer house--these things would include: signs of water diversion failures (such as rot, peeling paint, masonry damage), settling/structural issues (one of my few "deal breakers"), the type and age of plumbing, HVAC, and electrical, condition of the roof, the condition of the sewer main (scope it), the type and age of windows & doors, a meth test, a radon test, etc. etc.I have properties from the 1910s, 40s, 50s, 60s, and 2000s, and frankly--the older properties are often my favorites, and some of them are the best-performing properties in my portfolio.Just being an old house doesn't--in and of itself--make a property "good" or "bad".In some scenarios, older houses can have big advantages over newer houses.In my opinion, the idea that “new houses always cost less to maintain than old houses” is one of the biggest misconceptions among inexperienced investors! 

The economy is diverse, jobs pay well and the housing is not ridiculously overpriced like GTA or Vancouver area.I agree with Kris, stay away from Condo's here as the market has been saturated for a few years and builders have been sitting on empty units for a lot longer than they used to.The good news is you can purchase multi-family units that generate positive cash flow and it is one of the few places in Canada where this is possible.Good luck with your investing,

The neighborhoods are quite diverse here if you are considering BRRRing here.