Different strokes…Jeff

Then give strokes, You have a nice home here, or if it needs a paint job, "it looks solid"!

I just thought it was mean spirited and a broad stroke for @Richard C to say "Listen to no advice regarding "old" buildings from anyone whose profile indicated they are located West of the Mississippi."

I guess different strokes for different folks, right?

@Chad Urbshott has laid out the broad strokes and many things you must consider when investing in real estate in the U.S.A;  several are every bit applicable to buying property in Canada.  

There are pluses and minuses in either scenario but as the saying goes, "Different strokes for different folks". 

If you have money and want bigger payouts you may want to start with another strategy different strokes for different folks.

The man had a stroke several years ago and has relied on his wife to take care of him for the past ten years or more (including the finances).

I've watched some investors nearly have strokes over what I'd consider small issues, not vet tenants to any worthwhile degree, not pre-qual their tenants before showings, etc.  

Different strokes for different folks, I'm a Dave Ramsey fan and like the no debt approach in life, but the math says keep the money and on that low amount and low rate and invest it somewhere.