Each unit had a separate storage unit outside , plus one parking spot in driveway each.What we like about the property:1. very close proximity to Hospital (Federal and Provincial Gov't have committed to invest $125 Million into the hospital starting next year, with the intent that this hospital will be the central medical hub for the Cariboo Region - which is a region in British Columbia, Canada) This is big news, as this town has a population of about 25,000.2. 3-bedroom units have the lowest vacancy rate in the town at approx. 1.5%.3.

In Canada you can incorporate federally or provincially.

Look at the economic fundamentals. ie: (from REIN)Is the area’s average income increasing faster than the provincial average?

Is there a provincial statute or regulation which makes Power of Sale less attractive, or not possible?

More of a local, or provincial recession? 

Is there any GST/HST involved in purchasing an existing rental apartment investment property other that the provincial land transfer tax?

According to http://settlement.org/ontario (well, I live in Ontario), here are your responsibilities (I summarized them) if you are or wish to be a landlord:§Keeping the home in good repair: You must repair and maintain the home, and obey provincial and city health, safety and maintenance standards.

As you dig a little deeper into the actual release by the provincial government the regulation only applies to licensed agents and appears to be "self-policing" by the industry itself ... so it may amount to a little more discretion, but not elimination of the behaviour.

Here in Canada, the process is well defined and requests can be made though any police force (national - RCMP, Provincial - QPP, OPP, NF Constabulary, or local) or, in certain situations, though specificly designated agencies (those who perform digital fingerprint services, or those who can perform name-based checks)

Mounties, Provincial and local police forces, as well as officers of the court, have access to the system.