So, I'd put the "ease of building new supply" as something to watch out for, too.

After purchasing my first home (primary residence) in 2008 and watching the value just plummet, I was a little bit scared away from real estate. 

However, as others have said, you write off depreciation, benefit from appreciation, profit from rent increases, and watch your mortgage principal get paid for you.With the exception of the condo boom in Toronto, you've probably noticed that rental housing inventory is generally tight in Ontario.

Ranging from super nice (point Richmond; Richmond hills) to nice/average (North & East, Annex) to true blue collar/lower end (civic center & SW hoods), and watch out!

.$0...nadaI actually watched @Brandon Turner podcast that he refers to in the previous post and checked out LP.

We have been watching videos and reading articles on how to create a big buyers list, or finding sellers.

We have been watching videos and reading articles on how to create a big buyers list, or finding sellers.

Great advice Paul I am already reading different books and watching numerous videos.

Although this career path has great benefits, I dont see my self being able to enjoy nice long vacations, buying a big beautiful home, or repaying my parents for everything that they have done for me growing up.It all began watching "The Secret".

I think that's why we are attracting the stay at home mom and others  who watch "flip this house" type shows and want to learn how to do this.