However, when purchasing property, it's tougher to execute when the numbers aren't stellar cash flow wise (10-15%).

You should be getting a stellar deal.

If we move outside of downtown (Dodds Ave), the rent looks less stellar.3) The way I understand the 50% rule is that 50% of your annual income goes to expenses, not the mortgage/interest payment.

Although the tenant had an 'acceptable credit history' (as per my written criteria), the co-signer had a stellar credit history.

Now if the location is stellar, that can make up for it.

Are the sales under, average, or stellar??

(btw I went pro after one of your last webinars... those are stellar.  

The initiative that you have concerning a willingness to work is stellar.

This is not equity stripping, it is doing what the rich do, leverage other people's money.HELOCs (home equity lines of credit) are a STELLAR way to free up and re-invest illiquid equity.

However, it is charming, easy to rent / show, in stellar location, etc etc I'm not concerned that my CF is slightly lower because I know it is a winner.