@ Joseph Bell, Bell GThankyou both for responding to my question.In Canada, CFD is called an "agreement for sale", and a caveat is registered at the land title's office - The existing mortgagee is not involved in the process (and as of this writing, has not enforced the Due on Sale clause, as long as the payments have been made on time.The property itself is worth $450,000 (prices are very expensive here), so $11K down seems to be a good deal for me.Quoting a vetran real estate lawyer in the province I work from:"With a properly negotiated and drafted real estate purchase contract and AFS, you may be able to:i. assign your interest in the AFS (sell your contract), or;ii. lease-option the property to a tenant buyer, or;iii. sell an option without a lease, or;iv. make a straightforward sale at a profit to another buyer."

You are best to have an option contract  which gives the buyer the right to purchase at an agreed upon strike price (or an agreed upon mechanism for setting the strike price at the time of exercise) and a separate lease agreement (using the standard form of lease in many Provinces) at market rent.   

The difference is which of those tools works best for you the investor in the state/province/country you're investing in.

Out of country for the same reasons.These properties are the province of local investors who know the areas and work these as a full time gig.

And its generally not the province of Newbies trying to get into the game you usually have to already have some deep contacts..

Anywhere in Canada is fine as my portfolio spans several provinces. 

Currently due to Covid our province (Alberta, Canada) has very strict rules such as: - No public gatherings indoor or outdoor. - $5000 fine to households that are hosting gatherings, as well as $1000 to each person at the household. - etc... 

I've been considering out of province rentals as my dollar can stretch further out East, I've looked at properties online.

This year there has been what I like to call a "mass migration" of people moving from provinces that have become much too expensive to live and purchase housing.

Hi guys, new on here. Im looking at buying a condo on the east coast. Im in the Gta. Can anyone tell me who can find and place a tenant for me without having to pay for a property manager monthly. Can the condo board ...