Flipping is a really tough business.

Quote from @Joshua Piche: Your market is tough, but it's not impossible.

The problem is you can't afford to properly make repairs when you are dealing with the lower tier properties and go with the cheapest bids doing nothing but putting duct tape on issues that will become recurring or believing you are making the repairs correctly but use inferior labor and materials because its all the property can absorb cost wise.  

Instead, he just told me, “Tough luck.”

Like everyone else has said cashflow would be tough in your local market.

Is it tough to get approval for an ADU in the garage in Toronto?

I do believe you are entering a tough market.  

Analysis paralysis can definitely be tough to get past but you got this!

I imagine it’s very tough for the average person to pull off in 6 months after shelling out 40k.

I looked at somewhere between 150 and 200 deals before getting my first deal and that was at a time when market conditions weren't as tough as they are now.