If the property can service the debt at 90% leverage between a senior 1st and the seller second, you're looking at a good investment!

Quote from @Josh Jung: surprised you haven't heard of RBP. it's like a mix of services you can offer to your tenants like renters insurance, virtual concierge, etc So the property manager/landlord pays for their renters insurance, and filters?  

Typically a furnished rental will appeal to someone coming to live in an area for a short to mid term period of time.

They are typically less profitable as condos do not appreciate as good as single families.

Your biggest challenge will be what to do when something goes wrong: nonpaying tenants, maintenance, mother nature damage, etc.Recommend you include these in any management agreement you sign, so you're not overcharged when you need these services.

Do you typically keep profits in the US/USD?

@David YoungRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

In a suburban area, typically a 1 mile radius is the benchmark and you need a good reason to go out farther. 

The struggle comes when you plan to sell, pay close attention to how the bank would treat the loan in the event you would sell.Even though its a bit more work, banks are typically open to these loans as it provides them with additional collateral in the event of default.  

 @ Jennifer Jackson, there is a guy in Copperfield that I can suggest -- haven't used his services yet myself but I have talked to him.