Personally, i'm only looking at 10 or 12 year Fannie loans with a long runway to ride out any storms.

I can't speak to what happens after REI hit the 10 cap and go off into commercial world, but it's often possible to buy a little runway before that happens by shuffling debt around so that some of the 10 properties are mortgaged to the hilt, but some are paid off and owned free and clear (eg, don't count towards your 10).

My nonprofit, Global ResQ, owns land with runways for flying Unmanned Aerial Vehicles.

Chances are your multifamily will be occupied and you'll need a runway before moving in, stay at your current place until then. 

Japan has kept rates low for a couple of decades which leads me to believe there's more cheap money runway left.All the best!

There have been a small group of folks warning of the GTA's runway condominium market for a few years, but we are now seeing more concern being voiced in the places once cheerleaders for Toronto the infallible.Just last month, Jason Kirby penned this article in MacLeans. 

I love what he has to say about a "side hustle" and your "financial runway".Check this book out.

@Drew Brock I've purchased many a property from auction.com and no, they aren't too bad but the bidding will likely run way up over the opening bid in most cases.

Even if you don't have a bunch of cash or income, look for people to partner with where you can be the labor, dig up deals, show you have some grit.Good for you for starting so early, you have a long runway, make good use of it!

Don't go more than 12m lease, and even consider a 6m to test the waters, though they will push back because it doesn't given them enough runway to buy the furniture and get runway.If your PM is going to be managing them, make sure that they are just VERY diligent on collecting timely rent and get agreement to do quarterly (or so) walkthroughs/inspections to make sure the home truly is being maintained.