@Jahniya Butlercan you start with a house hack instead? 

two of the best wealth builders  House hacking and then selling a primary with the 250 or 500k owner occ totally tax free .. :)  

How much will you spend in repairs on a 1920's house with renters ? 

For example, for a 500,000 purchase, the Land Transfer Tax would be approximately 6,475 while if the same house was purchased in the City of Toronto, expect to be charged about 12,950.And as a foreign buyer, a premium would be added: I really don't know the numbers here anymore, consult with a Real Estate lawyer for an estimate here.- Work Permit ?

I recently came across a property through an agent with attractive numbers for a house flip.

But I bought 3 more houses with the cash and now cash flowing $3000/month vs only $1200/month with that one paid off house.

So back to being a real estate investor: the only way to be one is to buy a property and create value out of it, whether through finding a below market value house and selling for a profit, or renting and creating cash flow.  

This is the heart of the reason housing isn't mroe affordable, that landlords bear these types of costs every day.You could probably find cheaper labor, especially to haul away the junk, but not easily as an out of state investor. 

Based on an inspection report on one of the deals I worked on last year, I was able to negotiate over $15k of credits and repairs for a $200k house using a $400 inspection report for one of my clients.

I had some success in doing a house hack short term rental with my first property and wanted to continue growing my portfolio.