I’m in Toronto so I look within one to two hours away for better deals as they benefit from the ripple effect, expansion of transportation from Toronto to these smaller cities, massive immigration that is occurring and lots Of companies moving here increasing significant jobs.Good luck 

Fixed rates come with massive penalties to refinance early, especially if early in a signing.

Markets are really strong down here 6 -7 offers on every property, definite sellers market and massive over inflation in value.Cheers!!

Those $2500 houses are either in super-rough areas or are in marginal areas but need massive amount of repairs to get them back to livable. 

The photos may be representing it in a way that is nicer than it actually is - sometimes those photos make a small room look massive, and when someone sees it in person, they just aren't interested. 3.

I have always been told, consistent massive action will bring you the success you are looking for.

However in your case (unless as I said you had just made a massive price drop) these guys are probably just wasting your time.  

Now, I haven't done any actual work in terms of starting, but rather have gained a massive amount of knowledge. 

To get people out and raise rents, owners and investors in Metropolis are having to pay "severance packages" for tenant of 5 - $10,000 / $20,000 / $25,000 sometimes more depending on surface and other factors.Your solution is to build model to sell these unit to the tenants (on a massive scale).The model you come up with to tackle these 550 low yielding units you portfolio is the following: Instead of using bribes to kick people out you decide to "subsidizing tenants'" into 1st time ownership. i.e. you want to help them to buy there own flat (at least the tenants who are decent earners).Instead of using money to get tenants out, the model would be to help them get financing by sponsoring a portion of the deposit on the Mortgage.

If your association allows it, the returns could be massive.