Just looking for a basic explanation of pros and cons.  

Everything I've read and listened to on BP says it takes numerous cycles of DM to start getting leads.

At our bank, we use the roman numeral M for thousands.

But I also include a line next to each for an explanation.

The only reasonable explanation I can find is they are supplementing with J.O.B. income, or perhaps living off the excess borrowed funds..Some part of their story is missing.

I was able to do that numerous times during my estate building years.Once you are able to answer many of the questions I stated above as to risk tolerance etc., it would be easier for others to give you suggestions as to which way they would go.

So in Antigonish, which does have a university and a hospital but isn't growing, the cap rates are maybe 8-10% while in Halifax, particularly the HRM, which has numerous economic drivers and IS growing, the cap rates are around 4%...i agree with you Jeremy about the low vacancy and tax rates in Antigonish. 

I think you are in a great position with numerous choices available to you.

@Laith Ali there are numerous ways to protect yourself from a bad contractor, now remember that not all contractors are bad. 

We are in contract on a shopping center that has numerous vacancies.