I live in Brooklyn, NY so the price of houses is astronomical.

Costa Mesa is where I currently live (and house hack) and I love it but the prices for a SFH have gotten astronomical.

I can't seem to imagine doing the same thing here (Toronto area)- the same way as they are explaining it online- wholesaling, flipping, etc. due to our prices being astronomically high. 

If Cozy checks those I'd definitely be willing to give them a shot for applications.As far as bidding goes, I may be able to up my rent a bit, I've had an astronomical amount of interest in the property since I started advertising.Thanks for the reply!

That said, the high barrier for entry in this market makes it very hard to get started, especially if your from Newport Beach where I'm pretty sure the prices are quite astronomical.

If anyone is astronomically confused, the property is in Ecuador, South America.Thanks for your input!

If anyone is astronomically confused, the property is on the coast of Ecuador, South America, not the US!

The other side to this is, if I go with electric heating the cost to the tenants during the winter will be astronomical, this will in turn drive the tenants away and they will search for better housing. 

From a park persipecitvbe ,this most likely isn't even worth considering unless its one of those weird spots with astronomical rents/land value.  

A 2.5year span is a very short timeframe, however I'm sure you can appreciate the astronomical difference that obtaining triple the returns over a long period of time will do to the final number when it comes time to retire.