We own two beach houses in ocean lakes and they average around 50-70k/ea depending on economy etc. you couldnt pay me to buy a condo in nmb or mb right now

@Caleb Genry I am late to the party on this, but would greatly appreciate the spreadsheet/log if you are willing to provide it. 

The question is mostly a personal financial planning question and it depends on your preference and what balance of risk and access you'd like and would be comfortable with.

Best I can tell all in all we about 3X cash on cash over 5 years.infil lots depending on lot we could double our money in 9 to 12 months cash on cash.. so on and so forth.

Do not simply trust a turn key provider, a wholesaler or even a real estate agent that is supposed to be looking for your best interest.

Hi Kana - I think it depends on your budget of course.

Depending on where the property is situated and the "local market conditions" I have them rented out as either long term, mid-term or short term.

Real estate : you could become good at advertising and marketing or simply asking people you know if they want to buy or sell: Any realtor will give you $1k to $5k depending on the price to get that buyer  or seller.

My software provides me with that data so all I do is print it out and give it to may tax accountant. 

Quote from @Treza Edwards: I would be looking at this as a market-dependent change.