Then, if your a member of NAR, you better check on that and make sure your not making conflicts there. 

You will need to check with the city/building inspector to determine your options first.

This doesn't account for transaction costs and reduction in leverage as you pay down the mortgage which accounts for closer to 2-3% less, so you 12-18%. 

This is something I try to live by and teach my kids if I can - "A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly.

Have every detail spelled out, use an escrow account and daily updates verifying all parties are executing their responsibilities.

Check out the federal rules as there is currently a ban in place for most foreigners to buy in Canada. 

I am also interested in checking out Rentrange. 

Also it would be helpful to attend SoCTREIA's Women in R.E. meetings, check out their website.

Not sexy as Lexington but bank account is the ultimate measure of success

Here’s what helped me most:Quarterly Check-Ins: I spend an hour each quarter reviewing my rental income and categorizing any expenses right away.