Hey Ricky,I don't invest in Ontario so I can't comment on the specific local markets BUT, there will not be a lot of opportunities to buy distressed properties in Canada.

It’s not always obvious, but you can tell if you are dealing with a custodian rather than an administrator because they will usually have the word “Trust" in their name or they will be a bank or brokerage.

Our team has close partnerships with our local Housing Authorities across our markets and they have communicated to us that we should not anticipate any disruption.

While I’m new to the business, I’m eager to learn, grow, and connect with local investors, landlords, and fellow real estate professionals.

This was a local buyer.  

He can spend the next few years-ish getting a finance degree through an online school while working part time, but he just got offered a full time position helping with sales for a local wholesale real estate company. 

House hacking locally is typically going to be the least risky way to get started, even if it is more expensive of a property.

@Diana Mulvihill A lot will depend on your local market and competition.

Sometimes cities will allow this, but it depends on local zoning rules.If neither option works, it might be worth consulting a real estate attorney to explore your options.

Investors should keep an eye on government spending in housing to understand how these changes might shape local markets.At the same time, Bessent’s focus on driving GDP growth could bring a surge of opportunities.