Also when you decide what you would like to invest in, it will definitely narrow down the possible areas. 

I recently purchased a house in Hamilton, Ontario.Going to convert single (bungalow) to duplex.Would it be possible to advise if there is anything in below that you think is unnecessary for our investment purpose:Ground Floor:- Has all original items but painted- existing old wood floor (narrow wd strips)- existing laminate countertop with old painted cabinets- existing painted base boards- washrooms fixtures are working fine - painted old vanity cabinetShould I leave all items above leave as is?

You're best off reading a good amount more and narrowing down to an area or two.

In short, just narrow down your focus.Happy investing!

I’ve narrowed it down between two credit unions.#1 Gaurdians credit union Interest rate: PRIME minus 0.25%LTV: potentially 90%Draw and Pay back period: draw upto 5yrs maybe 10yrs if credit history still really good/ pay back period 15yrsClosing cost:$435 includes FULL Appraisal Minimum withdraw when opening account: $5,000#2 Third Federal Savings and LoanInterest rate: PRIME minus 1.01% LTV: 80%Draw and Pay back period: 10yrs of drawing out with total of 20yrs for paybackDoc & intangible tax $5.50 per $1,000 that gets taken out.Full Appraisal: $200Annual fee of the draw period: $65x10=$650

On the other hand, an inspector that has a narrower focus (i.e. roof inspector, termite inspector, structural engineer, etc.) might provide better insights on specific potential issues.  

I would definitely have a property manager I'm currently in the phase of training myself to analyze homes/deals to understand the market and narrowing down my criteria and I'm definitely enjoying that process :). 

As far as future rentals: I haven't narrowed it down a ton but as @Zeke Liston kindly gave me a heads up on in this thread, Columbus OH is an up-and-coming market that looks to be in the price range I'd be looking for.  

The usual rule is to ask in the building department of whatever town you're considering buying in though as they'll be the definitive source of what's allowed and what's not.I'd recommend starting with a mortgage broker or bank loan officer to see what you and your husband can realistically afford as that might help you narrow down what areas you're interested in living or investing in.

Trying to narrow down exactly what you are asking as you want to learn about the business but is it for passively investing as a whole which will allow you to focus on your primary occupation?