They said there is no restriction as long as they don't meet their cap and at the time there was no waitlist and no cap for renting, so I wasn't worried.

Turn-key would be nice, but if I can get a bigger bang for my buck, I'm not against a fixer-upper if there is a good deal.

I wonder if rent control laws will be easing anytime soon in this city - other than capping rent prices, I don't think they do anything to help improve the quality of rentals.

., more than half of the calendar year) for the Borrower’s personal use and enjoyment"This means that you can only book it out on STR platforms for half of the year (50% max occupancy), which really sets a cap on your max income. 

In some cases they cannot pull the money out because it is now (Non-owner occupant) an investment and their credit union or bank may cap them at 70% or 75% MAX LTV.Nothing wrong wiht putting 10% down on a primary but look at the rates on both 5% and 10% usually when you have PMI built in the rates stay the same.

Most commercial investors are looking for a 6 to 10% cap rate return.  

I am in Ontario Canada, but looking to explore the Ohio market due to its proximity to Toronto and very attractive cap rates. 

Make sure you're comfortable with the cap rates and the property’s condition before moving forward!

Portfolio = Income derived from financial instruments like dividends (including REITs), interest, royalties, and capital gains.Mostly income w/out loss potential, and favorable tax rates.Cap losses may offset cap gains w up to $3,000 loss.

We are seeing really values on properties and decompressing cap rates!