However, what you would acquire in Calgary would be newer and in an city with more obvious growth potential.If the idea of acquiring an unloved properties and turning them around excites you, and does not terrify your family - then there is lots of potential in Saint John.Now, whether you decide to pursue Calgary or Saint John, I would advise you find a local set of boots on the ground to help with your introduction to the City - which areas are good, which should be avoided; which areas are on the cusp of (re)gentrification; what constitutes a "good deal" in the area; etc.

It terrifies me to hear this. 

That's definitely the terrifying part of it.

It's nothing to be terrified of.

People have allergies or are terrified of dogs.

That made a huge difference for me; first time buying can be terrifying!

Hi There Everyone, I'm just about to purchase my first investment property out of state and it is exciting and terrifying at the same time.

I'm terrified, but no matter what I WANT this.

I would be terrified if a tenant stayed that long. 

Being in a position of financial strength, you can start to take calculated investment risks to grow your portfolio that would be much more terrifying and risky when you have no flexibility in your budget and a lot of bad debt hanging over your head.