Maybe some other smaller cities Red Deer ex...I see many 60-100k homes, smaller sqft, older, need lipstick and maybe 10k in new cabinets etc.For those of you who know the area, do you suggest spend the extra money and get a turn key 200k unit, or gamble on the lower end, dump in 20k, and rent it out.Regina seems to have a very small availability of homes for rent, only condos.

Truthfully, If it was just me living in the house I would be able to "survive" paying it off my myself, but I think I would really be gambling it lol, but once I get roommates it should be fine.

Investing for appreciation is like gambling.

The HOA decides to raise dues, the rental cap is met, a special assessment gets slapped on your association and BAMN your cash flow just went out the window.Condos are, in my mind, a gamble, your investment is at the mercy of others decisions and often those other peoples interests aren't in line with mine. 

Not saying it's not important, but posting it here is going to lead people to believe that not submitting higher offers to the bank is somehow fraudulent, which is not the case.

I once borrowed from him where he made me sign a statement (one of 100 statements) that said if I gambled away the loan funds in Vegas that I was still obligated to pay him back.

I did some research for a client of mine regarding a raffle of cosmetic surgery and raffles appear to be gambling (at least in the state he wanted to do it).It may be different if you were doing it for charity -- as in, all proceeds go to the charity and no one profits from it.

,Never accept a POF off the Internet they are all fraudulent.

I'm interested in investing, not gambling, so I'll stick to reading until I'm ready.

The bank could foreclose and wipe out any fraudulent lien that you tried to encumber the property with.