That seems extreme to me, but even if is only 10% of that, that's more than our States entire population, the implications are supermassive. 

If you're scaling your rental portfolio, you have to scale your operations as well.Having said that, I have friends who only have single family MTR homes and do extremely well at scale.

I always recommend starting with a prequalification letter to get a solid view of your purchasing power before heading out into the real estate market.

I'd done some reading in the past and thought a few of the main Canadian banks had such specialty trust divisions that could help you with plan setup.As for finding investments, networking with other investors, real estate agents, etc. is the way to go.Brian, from what I've heard is that CAN banks  make it extremely difficult to setup. 

I am hoping this number is extremely conservative given that our contractors, inspector, and realtor walked it as well. 

Is the property under a high tension power line or down wind from the horse rendering factory or on a main thoroughfare or some other obstruction that you wouldn't want to live near?

Tenant screening is a big task and extremely important.

I was extremely humbled by people and their excuses when it comes to paying rent on time.

Hospitality, attention to detail, cleaning/handyman team, programs used for bookings and calendar organization, inventory audits, home maintenance, etc. are all extremely important but all of that doesn't even begin to describe all of the things an experienced property manager does.It is a matter of how much time and energy you have to invest in your properties and if that time and energy is worth it to you.

No AI, no software no gadget, no magic pocket list, no nothing.The only way to reliably and consistently get in touch with motivated sellers is for YOU to make it extremely easy for THEM to find YOU!