My Wife and I moved to Ottawa to allow her to start her career with the Canadian Government and we have been here for almost 4 years.

(Government qualifications requirement)Unfortunately it took away 20% of Canadians buying power and hopes of ownership  which is kind of bitter / sweet situation. 

Believe me Jack Ma would not be screaming the 20+ year trade war message without talking to the top leadership in the Chinese government.

If they can do it they do it and I pay themI don’t give a crap if they have the governments paper blessing. 

They work for the bank or government entity.If you want to put in an offer, you have to find a local agent that will submit it for you.Are you paying cash?

PenFed, Navy Federal, US Bank, and Wells Fargo all do HELOCs on investment properties.

It appears that these assets allow the "People's Government" to perpetuate their agenda.More to the point, there is no question that the tenant is liable for the remainder of the lease, or 1-2 months that are typically granted by judges.

I've been studying up for a long time and ready to take the plunge once I can save up some funds, unless I can find a good hard money lender willing to make a deal.I work in IT for the government, but my primary goal is to have enough properties that I can become FI and quit my day job to do this full time.

main thing to remember, UK and los angeles have very different economics.... local economies in each specific area in los angeles even vary quite a bitthe income or industry in south la vs west la vs north la are all very different.pick an area and dissect it make the best decision"ghettos" in Los Angeles have a lot of life long renters that are very much govt subsidized  so you are not investing with a tenant but more so with the government and managing a tenant as a way to get a premium 

So hours might not be cut but (insert something stupid) happened and rent will be late etc....Or the constant budget issues facing our government also can impact their pay.Generally speaking you're right though a member has more to lose than the average Joe, but that doesn't make all of them good tenants.