The extreme tenant friendly laws in Ontario and increasing regulations for short-term rentals are additional reasons why I do not find investing in GTA no longer viable.

Cost on them are extremely inexpensive if you buy it right, and the kitchen presentation will be much better.Please don't hesitate to reach out with any further questions that you may have.Ben

It’ll only take a year or two to pay it off and as someone who’s under 25 my time horizon is extremely long.The goal is to have a mix of paid off and leveraged properties by 30 so I can then expand aggressively in that decade.  

You are correct that prices are high, it's also good to know that 2-4 unit properties are extremely popular at the moment.

Paid off properties tend to cash flow extremely well ;) But, everyone's goals are different.

It's yes and no, I done it both ways through the years.I have extremely good tenants that stayed as long as 12 years.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.What else can we assist you with?

In addition to what he shared, location will be extremely important and I will share why. 

Some of those building had extreme structural damage that would need to be identified by an engineer or architect. 

You will have an extremely tough time getting rid of the marijuana smell if and when she leaves.