@Eric Gamble Simply funded acquisition with cash. 

Performing actions that are not a net positive are a gamble or gift.

I like to gamble and like big profits, so I spend most of my time going after hoarder houses and abandoned properties.

., etc.Depending on these types of factors, what makes sense for one person might not make sense for another person...for instance, a person who has a net worth of $10k, and who has $10k of credit card debt is probably over-leveraged...but a person with a net worth of $1 mil who has $10k of credit card debt is probably in OK shape (I say "probably" because there could be other factors in these peoples' finances that could change our assumptions--for instance, if the millionaire had $5 million in auto loans for exotic sports cars, they might be in trouble).Context is everything.

Don't get me wrong; there are plenty of issues/problems/quirks that old houses have that new houses don't, and an old house can obviously have hidden problems and big repair/maintenance bills too--which is why thorough due diligence is fundamental to REI...but, the point is: a brand new house is not a foolproof solution to repairs/maintenance headaches (and in some cases, a brand new house can be a much bigger gamble than an older house).This is a particularly important lesson for inexperienced investors, who tend to be the most prone to "shiny object syndrome" (the tendency to let nice aesthetics distract from real, underlying issues).

BP, YouTube, FB, Direct Mail, Newspaper etc...Obviously your blind marketing like billboards and sporting even ads will have the lowest conversion rate.

There are no beaches, mountains, key sports teams, etc to come see.

I had a similar spending problem but it was going out to bars, gambling, and clothes.One day I woke up and was like hey, where do I want to be financially in “x” time frame.

Not on major roadway and close to well rated schools, and sports clubs.  

Our biggest challenges are 1) tenant friendly (impossible to increase rents to keep pace with market) 2) High price per door 3) Poor rent to price ratio  If your approach is to gamble on appreciation, Metro Vancouver may be a fit, but I've found better overall returns elsewhere.