Even still, it could be said that I've still lost money due to my time on the tools instead of prospecting as a real estate agent (the cost of lost opportunity).If you can truly do 80%-90% of the work yourself (at acceptable quality levels) and you aren't sacrificing your time where you can get better returns for your efforts, then yes, it can work even up here in Canada.

The profit was used to buy a higher quality SFH in the same area.

Are there any other outstanding debts between you and your wife?

They’ve already made a name for themselves in Mexico with projects that blend eco-friendly practices and thoughtful design, and now they’re bringing that expertise to one of the most popular markets in the U.S.For investors, this could be an exciting opportunity to work with a developer who consistently delivers quality and strong returns.Check it out:  Travel weekly by Northstar

You also mentioned an unpaid water bill, so be sure to deduct any outstanding balance from that bill as well. 

Although it may look good on paper, the tenant quality might not be great.

It is a freehold property, recently renovated from top to toe with high quality, large garden, and kept very clean at all times.

Are there specific qualities or terms you look for that make the relationship a good fit for your investment strategy?

People who complain about the quality of leads typically fail to understand that it takes months and sometimes even years to nurture and convert a lead.

Haha I bet there's been some crazy stuff out there but the one's I'll put up will definitely of better quality and insulated.