However, I would contend that Ontario is central Canada, not East - there's another ~2000km of Canada east of Ontario ;-) Those 1%, 2%, xx% "rules" you read about here on BP are more correctly "rules of thumb" and can be useful to quickly triage a property when you encounter it.  

There is also a fair amount of entitlement that you may encounter as well.The well-maintained and managed properties with good tenants at market rent are almost never for sale. 

For first time investors one of the biggest problems they will encounter, and will often sink their investment, is a poor property manager.

Create a package for it and blast it around to investors on BP.See if someone is interested in buying it off you and you can do a FSBO

Rumor has it that they are doing packaging for amzn.

Service people usually know about this flaw because they have encountered it during their work experience -- most tenants (in my experience) have no clue how easily vinyl flooring can be damaged in this manner.I would be tempted to leave the floor as is, then at tenant turnover, remove the vinyl and install tile. 

We've encountered non responsive leasing agents before.

If I had to do it all over again I would package together similar properties that I would likely want to sell all together. 

Then you can confirm they are not on the FHA approved list here: https://entp.hud.gov/idapp/html/condlook.cfmThen if you find a good deal you can look into the HOA resale package and find out why it is not on the approved list and then see if it is a good fit to become FHA approved once they loosen FHA guidelines on these restrictions.

Also started doing Amazon Flex (delivering packages) but that's too recent to count.