BTW MASSIVE difference between 200k and 300k value. 

Phoenix, Houston, and Dallas are massive, sprawling land masses of cities/metro areas.

This is typically lower than I aim for but using the proceeds from a 1031 that had massive equity, and given the desirability of this complex, I made an exception. 

After a couple deals under belt, then take out a massive line of credit and grow fast with the all-in volume game. 

However, if you want to go fast def pay for the course and take MASSIVE ACTION.

ARV : $250,000Monthly gross rental income: $4600Monthly mortgage payment: $1100Property description: completely vacant 4 family (three 3 bedroom, one 2 bedroom apartments) in a competitive rental market with housing shortage (large pool of candidates) 7000 sq ft property with massive units, roof was torn off and redone, newer hot water heaters, furnaces, electrical, plumbing.

I don't think we need to be fearful, but I do think this means a massive change to society as we know it.

Housing in Canada is in shorter supply because our PM massively increased immigration rates (over 5 million people in the last ~7 years for a country that prior to that had $35M people). 

Instead of selling your place outright and getting hit with a massive tax bill all at once, you play the bank and provide a loan to the buyer.

There are a few pockets where the numbers look great on paper but are massive money pits in real life.