This strategy has worked tremendously for us, but I'm not sure of demand or rates relative to your area.Keep running your numbers, but don't get stuck in analysis paralysis.

I figure if these issues happen in the mere beginning/inquiry stages, how are they going to effectively screen/place tenants & manage my properties?

Hey all, does anyone know of a good deal analysis calculator for Canada?

---We've seen so MANY investors do incorrect analysis, not understand the asset class they bought, etc. - then they lose thousands:(Here's some useful food for thought (copy & paste):.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Lots of free info out there though - would recommend Googling "AirBnB Data Guy" where he gives his thought process in doing the analysis. 

It has worked well, and for the concerns around variable rates on a HELOC, we account for that risk/fluctuation in our deal analysis. 

I may be able to assist in the initial zoning analysis and steer you in the right direction with my NYC connections to get the site developed.

My family is in the initial stages of a move to Japan and  applying for a business manager visa.

"Taking action" and breaking free from "analysis paralysis" cause many new investors to rush into bad, money losing deals.

You want to get to the point where you can do a rough analysis off the top of your head and it takes a lot of experience to be able to do that.