This all comes down to how much you are looking to spend and the class of property/class of tenants you want to deal with.

The properties that are being sold here in Winnipeg almost all sell instantly as there is just not enough supply of homes.If the Canadian economy continues to worsen and rates continue to drop house prices will actually go up.

I’m on my town planning board and we get all sorts of conceptual projects that never come to pass.

I have deals of all kinds, right now on my last three deals for some weird reason one come from wholesaler, the second from MLS and the third knocking a door.Having a partner in looking for deals is critical so you can brainstorm and make sure that is indeed a good deal.

Instead, all the money from Subto goes to a company called New Reach. 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Like all good attorneys, I'll incessantly remind everyone that nothing I'm saying is comprehensive legal advice and will always recommend that you engage an attorney before you do anything--that's just the rule of the road for us.

All residents but the smokers have lost use of their balconies and keep windows closed now.

All valid points that help me rule out HML.

Based on all those factors, your best chance would be to partner with a more seasoned investor to get loans.