I wonder if it's because we're all trying to be Warren Buffet, when we should really just be "buying the index". part of the issue is every recession .. or bad real estate economic climate is so different.. 

Here are the factors:Passive Factors:1.Mortgage Interest Rates2.Average Incomes (increasing)3.Migration (in to an area)4.Ripple Affect (surrounding areas)5.Political Climate (local, regional, provincial) 6.Transportation Expansion7.Areas in Transition (gentrification)Once I determine the market (forest) then I look for people such as yourself you help me find the properties (trees). 

For example, if its in a great spot, you might want to add a 3-story climate controlled indoor storage facility on part of it.

The United States of America has has opted out of the Paris Climate accord and has taken the official position that climate change either doesn’t exist and or is a hoax.Given the above FACTS, we need to get set for a whole lot more flooding and the concerns that should and will consequently go along with them.On the bright side I may be able to fish off my backyard patio in Colorado in the the too distant future.

With the climate and a lot of newly built inventory, maintenance costs would be low.Am I crazy to not take advantage of this scenario?

There is more hands-on-management and, with young students arriving from far away, warmer climates in the middle of a Canadian winter, there is little "mothering" involved as well.

You have to anticipate costs associated with cold weather climates that are not present in warm climates.2.

Better in southern climates.

With the political climate of COVID (and I don't know your market), it may be more difficult to get them out than you realize.Look for properties that have been sitting on the market where the Seller may take care of that for you for the right price.

My info is backed up by many clients who live in CA informing me of the current climate there.