This number I just pulled out a a hat, but make it profitable for you. 

If you say Economics I will eat my hat. 

Someone installed $2-3k of drywall, but they did such a bad job (furring strips every 3-5 feet) plus the smell from random squatters it’s just not worth trying to save. 

@Barbara Goodman Wait a minute @Debbie Lee put up $41k at the drop of a hat (pitch), can't afford a Lawyer and we'll all run around in circles for her claims of being taken by a "slimmy snake".

Some of these problems are relatively minor (tenants complaining about the pet's fur on the furniture), and some could be major (the pet attacking a tenant), but all of them make your job as the landlord more difficult.When househacking, one of the TOP issues you'll face is preventing housemate disputes (I could write a whole book on that topic!)

If you're buying in all of the cities listed above and have personally worked with the companies to buy houses, then my hat is off to you.  

I'd throw my name in the hat.

If something scares you, that's exactly hat you should do. 

I invest in satellites around Edmonton such as Sherwood Park and Fort Saskatchewan, but I would call that the greater Edmonton area as they are pretty close.Many smaller cities such as Medicine Hat, fort McMurray and LLoyminster have larger municipal airports or small international Airports, and often take people to international hubs such as Vancouver and Calgary to be flown worldwide.

May or may not be appealing for brokers who can 'hang their hat' with an existing company for their own (primarily) transactions.