Then I met a woman who was worth 30 million+ due to property investment, and she said "Dean, if you get a bit of money, then get another mortgage on another house and rent it out, build a portfolio of property"Ok, sounds great.The way I see it, I have 4 distinct paths that I could take (correct me if I am wrong).

There are some subtle and important distinctions between power of sale and {judicial} foreclosure.Can someone please suggest/share experience about HOUSE HACKING approach in Windsor, ON Canada Also answers for couple of my questions below very much appreciated  1.

But again, each is distinctly separate. 

As in most areas, there are two distinct markets the flippers and the buy and holds. 

It may be helpful to think about Asbury Park as a square with 4 distinct sections.

@Mike Oliveira In Ontario, you have to break it down into two distinct groups to look at the economics:1) GTAAs per the Ontario Population Projections Update, 2015-2041:"The Greater Toronto Area (GTA) is projected to be the fastest growing region of the province, with its population increasing by over 2.8 million, or 42.9 per cent, to reach almost 9.5 million by 2041.

Also, I encountered the distinction between SFRs and apartments/condos and I am glad you mentioned that they impact the markets differently. 

I only took two economics classes in college but I distinctly remember learning that supply was a driver of price. 

The business model seems to be buy more to build a portfolio and know going in that you will get wiped on a percentage of them.I don't claim to be an expert, but it seems to me that this distinction is an important one and this second sort is the type that I think most (rightfully so IMO) would advise caution against.

In Virginia, where the OP is, I believe they will get paid.The distinction has to do with how a judgement lien attaches.