Low rates is a well-lubricated environment, and high rates makes it hard for those gears to churn (you can easily tell stories about why sellers, and buyers, will be less likely to transact, if the rates are higher).

Steve Vaughan The strategy you describe is my favorite for investors that aren't churning out a high volume of flips.

Prices are more realistic to rental returns on the east side, than the west, but churn on tenants may be higher.The condo supply in Calgary is huge so I would be wary of that.

Unfortunately we are seeing a churning market that is trying to bubble back up again.

You could do a BRRRR deal in my market with $60k and create $20-40k in equity pretty quickly, then churn that equity in to another similar deal and leave a trail of rentals in your wake. 

Some homeowners are satisfied with churning high profits during the high season and going month to month during the winter, and that’s why you see that strategy with some properties.

Doing that is the hardest part and takes a lot of time,effort,and energy.In this way the Guru can lets the ants (investors) do a ton of the grunt work and then bring them a deal they can plow cash into and take 50% of the upside.The infrastructure and employees needed for new investors to pay 250 a pop upfront is not practical to churn much profit as a business.

Cleaner churn is a real thing and is a huge headache if you have to do it mid-busy season.

I always go over to reddit.com/r/churning for any and all crazy credit card needs. 

I'm hoping you are very successful with your property, but homes in that area have a lot of "churn" with investors coming and going, mostly going because those aren't fun properties in many cases.