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.

I am also interested in checking out Rentrange. 

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

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

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

So, check with your Realtor about whether this is required.2.

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.

I told the seller "I'll have you a check for $230K in two days." 

My approach is to take a few minutes per quarter and make sure it is accurate by manually checking my true competition and adjustmenting prices accordingly. 

Daniel,If its something you really like from all accounts, get with an inspector and property manager to give their thoughts on the area, condition of the property etc...