@Frank Agyeman-Duah @Felix Poulin There are a few main markets in Tennessee that are on the rise and are worth looking into (plenty of info on Google and City Data can be helpful).

@Jessica ArmstrongI live in the Chicagoland market where the winter conditions can be pretty rough with temperatures in the zeros for a few days and lots of snow and spring comes with lots of rain.  

or give the economy and housing market 3 to 6 months to see if COVID impact flips the supply/demand and changes rates for the better.Nothing wrong with waiting however if our current president remains in office I fear govt bails out the banks and prices only continue to rise from current.Any and all opinions appreciated, looking for the general consensus.

This stuff is unevenly dried and only survives being fired to a very low temperature.

Lack of housing supply, credit profiles of buyers now compared to previous years, and the macro trends of the rise of the 2nd tier city in America all point me to wanting to continue to buy.

For now. many didn't list during the spring market as usual so there was severely limited inventory, and that is starting to rise now. 

If figuring rehab costs in this environment of rising material costs and labor gaps, I'd add 20% to any cost estimate and at least 20% to any time est.

A quick & vague breakdown of Ottawa's zoning is as follows:R1: 1 Unit / R2: 1 or 2 Unit Building / R3: 1,2 or 3 Unit Building / R4: 1,2,3,4 unit Building or Low Rise Apartment / R5: 1,2,3,4 unit Building, Low Rise Apartment, Mid Rise Apartment or High Rise ApartmentI have included some links below referencing what I've mentioned above.

But, if the rents don't continue rising over the next year, your cash flow margin may be a little slim.

That's my experience unless you are talking luxury condo in a high rise or similar high-status type property in an area with an active nightlife.