Its a 3 bedroom, 1 bathroom freehold Semi located 100 yards from the General Hospital.We should be getting rent of $1200/mth plus utilities.Factoring in the following:Taxes, insurance, PM 7%, Vacancy 8%, Repair&Maint 5% Cashflow would be $303/mth.I'm  think its a pretty good deal, as there are not many properties listed below 150k in the entire city. 

Then we will do quarterly/semi annual maintenance ourselves such as air filters etc, and try to coincide with being down in the Springs for either other property visits or going down anyways.We have been fortunate to have wonderful tenants so far, so that also helps a lot!

Offer them some means of making sure their property is being kept up  and properly maintained (semi-annual inspection where financing owner is present, monthly reports of cash flow, monthly bank stmts, etc).

I did a townhouse in Ranchlands, a detached house with basement suite in Marlborough, and we're currently doing a semi-detached in Woodlands, ready to list this week. 

So far this isn't looking promising, but I was warned and semi-prepared going into this.

Since all the semies are the same the only variable which changes is the location and possible rent collected.

I bought a different property first, which gave me a better feel for comps:At the beginning of October, I bought a four bedroom semi-detached house in Brampton, Ontario, a large and sprawling suburb of Toronto.

We still come up $350/month short  to cover the 2 mortgages.As we are semi-retired and live in Florida, we really don't need to be out of pocket.

And at least in the beginning, while there is still enough amunition around, my side pistols, one revolver, one semi-auto.

The most "common"  "high return" is semi legal splitting of apartments into units, which gives 5-6 % a year (before expenses).Now My wife is a US citizen, files her 1040 for a few year, and back in 2016 we tried getting a mortgage, but didn't have a long enough credit history to qualify.