I know most investors want to stay away from condos, me too at the beginning, but it worked out really well, so I want to do more of those, until the next crash, where the prices will be more affordable... 

Hello BP's Community, My husband and I have heard for sometime now that the housing market is going to crash in 2016.

Being a landlord can create wealth, but it can also be a very long and unpleasant struggle. 

Hello BP Friends,I am a long time member who did a few deals back in 2008 and then jumped out of the market when it crashed.  

I know since the crash it's become super rare, but it would really help me get going !

I suggest you not go 30  years with a note going to an estate, your high school buddy may very well look you up with an unpleasant attitude messing up his parent's estate in their elder years, but check with an attorney familiar with estate requirements.......you can also address such issues with a conditional demand feature, if this happens then they can demand full payment in 6 months for example.

Unhappy tenants could lead to damages and other unpleasantness's.

Many locals have probably seen this article of a shack selling for more than asking price of $2.5M: http://www.vancitybuzz.com/2016/02/rundown-point-g...You would think the market would crash sometime.

There is a federal law passed a few years ago in response to blaming lenders for the 2008-2011 crash. 

The market "crash" and "expansion" is, and has been, locally oriented.