It can be really hard work and have lots of ups and downs but I certainly wouldn't trade owning real estate for other methods of creating wealth

So, what method of financing would work best for a student like me?

I will definitely do more research and gain a better understanding on the various methods of financing.

The researched methods I use to purchase and resell mobile homes are not well known nor are they advertised anywhere on this site.With all that said learn as much as you can about these acts and how to avoid breaking the laws.

@John Tan,I use Timing the Real Estate Market using the Campbell Method by Robert Campbell.

If you put pen to paper and do simple arithmetic, how long would it actually take you to equate the same cash using the rent & hold method.  

I'm not sure how Canadian appraisals work, but they could use the "income approach" as an easy method of showing how much more the place could be worth.Here is how I look at your numbers:You are spending $70,000 to renovatedAn extra $835/month (post 10% PM fee) is headed for your pocket12 x $835 = $10,020 per year10020/70000 = 14.3% cash on cash returnI would not invest in that because I like my money to be making 15% in RE investments, but if your minimum is 14.3% or lower, it looks like a good investment.

Congrats DeAdria Wright-Davis .This is actually really helpful to me as well, because I can put an exact number with the methods you're using and compare to prices in my area.

@Patrick Jacques there is no clear record, but the house was likely built in the 1800's based on the methods.

But if you're struggling to get by these are faster and easier than any method of earning extra income.And look for ways to generate income.