I work in business development in oil and gas, and there's definitely a lot more activity, projects, and optimism in Calgary.

Originally posted by @Max Petrov:@Nick B.For me it takes much more longer) You  need to develop a model of a good deal and then just compare what you see with that model.E.g., your good deal may be priced at $80/sqft "all-in" in the submarket where retail houses are priced at $110/sqft and rents are above $1/sqft.You need to know these numbers before looking at individual properties.

I wanted to develop a little more of a knowledge base on choosing a potential location before I really started trying to make connections so I'm in the process of finishing emerging real estate markets by Dave Lindahl then the plan is to pick a few markets and start connecting like you said.How long ago did you start investing?

After receiving the resale packet for the property from the property management company it was identified that the HOA was operating in a monthly deficit and the reserve fund was only at about 32% of what the recommended amount was.

What brought my rents down there for a couple years is there was a ton of new developments in the area (yes development can negatively affect your property) and with the increased housing supply and new apartment buildings that went up, it pushed my renta down in that area.

So I consider myself a beginner.I have an opportunity where an old friend of the family, in his late 80s, had started to develop a 9 lot subdivision.

I called the Land Bank to see if I could redeem the property but it has already been sold to a developer. 

It is a large scale duplex project by developer with around 40 duplexes in community.  

You also need to project out if this will also affect long-term decisions to maximize the zoning if you think the highest and best use is to develop.

I’m developing cold feetA contract that favors the seller and a standard Minnesota contract for deed.