I recall reading something along these lines in The Economist, pointing out how hidden fees can vary widely depending on local ordinances.

Yield varies a lot depending on the type of property and location. rental yields for residential property are typically between 4% and 5% per annum.Hope this helps!

If I end up foreclosing the property, I will gain $200K equity (in my example, the amount will vary with each TD).

These type of businesses are tough to price as the market varies greatly depending on many factors. 

There is a great group of us who invest in the NL area if your looking for some folks to connect with.Now to your question, you'll find rent prices vary quite a bit in NL depending on what area of NL, but I'd be happy to give you our averages.1, 2, 3 would average $1150, $1300 and $1500. 

Its not easy and there is potential for multiple degrees of chaos and instability.

I’m in northern New Hampshire where we regularly get to -20 degrees during January and February.

@Keith RichardsonMake sure the accountant explains your total compliance costs for the varying setups as well.   

In my area, U&O inspections are done on every sale and varying rentals from annual to just on turnover.

While I did look into the PM, local market, and was able to visit the property after closing, it was not to the degree of how closely I looked into RTR.