I'm an engineer by training and put a lot of stock into mathematical modelling and analysis.In many aspects Canadian real estate is not that different than U.S.A. real estate, but there are some significant differences: the national market, and most individual submarkets, are smaller (~1/8th the population); prices are higher (we did not experience a corresponding correction in 2008/2009);taxes are {generally} higher;lending is different: {mortgage} lending rates are lower; mortgage terms are shorter; qualification requirements seem to be a little more stringent.Le Bon Homme Sept Heures is a fictional folklore character used to frighten children in an effort to make them more wise .... there is a similar character in English, but when I wrote the above, I could not recall the name ... and I'm still drawing a blank.

Yesterday.Be careful who you call peers.Begin with formal education avenues, then read guru fiction for ideas and entertainment.

Boston Edison area needs lots and lots of work.Indian Village needs to make a comeback. 

But I've found that as I've grown my business and gained more experience, the craziness of the business bothers me less and less.At some point, I think I just accepted the simple fact that its the cost of doing business and while it may blow that some tenant thinks they can be 3 weeks late on rent or some contractor won't show or some crazy village thinks they have the right to ask me to rebuild an entire house instead of just replacing the doorknob, it all comes down to those things are simply the cost of doing business.Evictions don't bother me anywhere near as much as they used to.

I wouldn't feel comfortable with houses any closer to the river then what I have (one near Czech Village and one a block from Harrison) without a proper flood wall.Its funny when I was in my 20s I felt like I was missing the bus not already having bought all sorts of real estate like the authors of the RE books I was reading. 

.@ Patrick, love the quote by Yoda, even for a fictional character, it holds much truth.

If not, that's me on the weekends for mowing, and $250 a winter for plowing.Last, but not least, does it require any additional inspections or certifications from the town/village before it is approved as a multi rental as compared to a single family rental?

Become more like villages.  

@Chris Petrillose  I aam NOT sating Ithaca is bad, not at all.I love BIG RED (Cornell) and Ithaca.I am saying get out of the villages and MOVE to Ithaca. 

Almost pulled the trigger on a vacation rental in Grand Lake village but couldn't justify the numbers.