I think your better option would be to buy two properties as long as you have ample amount of reserves.

We self-manage our rentals but we're in areas near large cities that have ample providers for just about anything we need done at our properties.

Hello @Antonio Cucciniello,I think what you're looking for is realistic and certainly attainable. 

And make sure you have ample parking. 

Our regions growth largely didnt start til the Kennedy administration, while other metro areas with ample multifamily housing stock had large growth during the 1800s to accommodate a large influx of European immigrants.Out entire metro area averages only 200 multifamily sales per year out of 70,000 home sales per year

If you go the multifamily route, I would recommend doing a cost segregation study within the first 2 years to accelerate depreciation, save on taxes and increase cash flow so you can attain your next property quicker.

There are still houses in these areas that you can pick up for 100K and a 50% Delta (margin of Rehab Budget, Fixed Expenses, and Profit) is a totally attainable number depending on your skill level as a rehabber/ project manager. 

I hope this doesn’t sound too harsh, but this current pandemic is laying bare the fact that if you do not have ample cash reserves, you’re finished, because you are over-extended and have a good bit of hiney showing.You should not only be able to muster 20% down, but have $30K in dry powder.  

I've been interested in markets out east (Nova Scotia, New Brunswick) or possibly somewhere in Alberta, as the purchase prices seem to be much more attainable for a newbie, but again I'd love to get some insight form more experienced investors!

The space is fairly well lit with good windows, and also has ample artificial lighting.