I don't have any income generated from the Coop. 

The structure you are looking at works fine so long as the asset generates sufficient cash to cover expenses; however, as all RE investors know, the unexpected furnace malfunction or roof failure requires injection of outside capital. 

Not many listings ever available and in random areas that need revitalization but it does give you 50% off list price if you are able to secure a job as a firefighter in that area and commit to being there for 3years...Sounds like you are looking to go out of state so might be worth looking to see if any thing looks doable :)

We invest in rentals to take advantage of CRA tax deduction - the interest generated by the mortgage for the rental property is tax deductible.

@Tesho Akindele House hacking definitely seems to be great way to start and learn; however, with the recent supply shortage causing prices to rise, renting single family homes many generate a negative cash flow.

Same for the sites that help you generate them. 

The syndications I invest in do generate Unrelated Debt Financed Income (UDFI) and my IRA has to pay Unrelated Business Income Tax (UBIT).

The article also doesn't address longer life-expectancies and states that it might lead to a more equal societySo...for generations to come...

If I am buying an investment property but I am not employed would I qualify for a bank loan if it will be a rental property and generate income?

Is the price based on the numbers it generates as an AirBnB or market price compared to the houses around it?