Are there any unique circumstances or cultural considerations/preparations to know about?

For example, if the Chinese government stops Chinese citizens from taking their money out of China, it will slow demand for Real Estate in Canada.The only problem with forecasting a bubble bursting is that it could be a month from now, or it could be 15 years from now when home prices are 3 or 4 times higher than what they are now.If you buy for the long term cash flow, you'll be protected if house prices decrease.

It really is a great state with natural beauty and pockets of cultural richness.  

Granted the RR has been fairly consistent between 5-10% and even up to 15%, some neighborhoods have been more adamant to meet and negotiate deals (which I believe stems from the demographic, average age of the residential area, and simply the culture of the neighborhood) My skill sets and insight into print marketing has been key in building an emotional response, and thus providing qualified leads.

Ithaca is a beautiful city with a great culture.

It's local government might be behind the curve a bit, but the culture of the city is changing and becoming rather trendy.  

This to me is another example of our we-want-it-now culture and entrepreneurs being unwilling to put forth the effort to grow a business steadily the old fashioned way.  

As far as my experience with managing student housing I myself have recently stayed on a college dormitory for a semester to immerse myself into the culture and to see exactly what the needs of the students their parents and the universities are, and how I can scale my business to meet that demand.

It sounds very similar to how we (Californians) talk about Chinese and other foreign investors who throw down ridiculous all cash offers in the Bay Area.

It is just my opinion but, one of the things you might want to do is start by talking to a lender (after you've made some local contacts in clubs etc to immerse yourself in 'the culture' with the experienced).