But, I don’t think that should be a very high bar for you especially if you are already studying and researching this at 18 years old and you don’t plan to buy anything until 2-3 years from now at the earliest.

In my experience, allowing these professionals to guide you can be highly beneficial, as they are likely to recommend properties they would be comfortable managing.

The plan includes high-yield activities such as property flips and strategic acquisitions to provide liquidity and generate returns.

If you have the ability to visit, I highly encourage you to do so!

Operated as an executive high-end rental for 2 years and cash flowed nicely while rented.

Over the course of a weekend—and fueled by beer, food, and sledgehammers—we completely cleared out the space.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

In larger cities like Vancouver BC, the newer condos are smaller so they can get more units in each high rise and because the cost of housing is really high ($1.3M for a 820 sq ft 2 bed/2 bath condo). 

This means the loan value will equal the property value and your mortgage payment will be high.

Existing deals will instead be saved by NOI growth driven by rent growth--if you have the staying power to hold on long enough.Supply:  High deliveries remain today mostly because of "hang over" from projects that are taking longer to complete than developers (and industry analysts) expected.