Also, nobodies claiming that you NEED a college degree to be successful; many have taken college courses at a very low cost thru Coursera  or EdX and and acquired the fundamental knowledge necessary to launch a successful business.  

A proper market research and a belief that real estate investing in Canada still makes sense is very important to us before both of us take such fundamental steps.Can anyone advice where would you start in this situation?

It was a low entry barrier "real estate investment" in a good area where with the right amount of leverage followed the fundamentals. 

I know you mention other metrics in other comments, but this comment alone can lead many inexperienced investors down the wrong path with bad investing fundamentals.

Most of the fundamentals are in the post. 

Spending 90 hours on BP would be a much better investment of your time than spending 90+ hours on a real estate fundamentals class ( plus it will cost you $300).

The great difference between us is our age, so learning these fundamentals at your age, you’ll definitely have the leading edge over the majority of people, because most people frown about selling or think its to hard, Grant breaks it all down for you in cardone university. $100 bucks a month, cancel any time.

I am looking at the market fundamentals for the midwest and the only conclusion I can draw from all the data I have is that we are going to continue to see at leasta few more years of health appreciation, before we get closer to new construction prices and out of the supply dilemma we are in. 

It is no longer justified by fundamentals (i.e cash flow), only speculation that the value will go higher.

@Michael Notowas asking the basic fundamentals of whether or not this would be a serious issue.