@Tyrell Perry You however have the reserves and the team, where by it would make sense for you.But for @Ryan Conklin, being in college and "scraping together some cash for a property" , I would not advise it.I have a few people here in KC that have perfected their model for the $15 to $30k in the urban core - that I have vetted and know personally, I would say investing as a private partner on a deal or two with that person or someone like these folks, maybe Tyrell, and you would probably make more money.I wholesale urban core houses from time to time I have a pool of about 4 of 5 investors who buy, so I love to sell to them.    

If you don't accept pets you have eliminated 60% of the tenant pool.

Finally, what is the ease of collection for that neighborhood and will your tenant applicant pool have bank accounts that allow you to do online rent collection vs in person or mail-in checks?

@Alina K.Barrie and Innisfil have a reputation for not having a great tenant pool (Barrie in particular).

Are you still using 70% or are you moving up to 75-80% to be able to access a larger pool of properties.

(I just removed a pool because the cost upfront was cheaper then maintaining it for years on end, less hassle, less liability) My questions always come down to this question when dealing with investments, will it bring you more money? 

Doing so will isolate your buyer pool to investors only and they won't pay irrational prices like an owner occupant will.

Can find a partner on here, your unit (tread lightly there) or family and pool your resources (money, time or expertise) together.

I was in this position once with a SFR pool home with a Wells Fargo mortgage that was in my personal name and I did this to get it in an LLC.   

We would be open to pooling moneys but we are very cautious about that because of the challenges with other people's characters and agendas etc.