What if this were an out of state (province) property?

The laws vary between regions (states in the US and provinces in Canada) with respect to taxes, purchasing and renting. 

But it is mainly the province of fools and the uninformedOriginally posted by @Kevin Boyd:I think rental arbitrage can be a fantastic business.

However, just that many Canadian buyers have a hard enough time it seems buying outside their province, let alone buying outside their country.

Hello Everyone,Before I discovered this forum I was already looking to invest in real estate.I am from Toronto Canada and looking to potentially invest in another province (New Brunswick).I am working with a fellow who used to be a realtor.

The REI clubs in my province seem to have a really big fee to join...like approximately $4,000 a year, if my memory is correct.

Thus far I like the humour from Canada's largest province...USA.Jon my plan is to do rental in multi-family units.

Are you able to input provinces rather than states? 

It is possible to purchase properties in la belle province, or the rest of Canada, with little down payment, but such opportunities will be few and far - particularly in the larger urban centres - and you won't be finding them on the MLS.While one may have little money starting out, naturally one will have little experience.  

At least in Ontario, meth labs or grow ops are required to have extensive remediation done, with inspections by the province.