Property taxes are also higher in AB than BC (for properties with a similar assessed value).I bought in BC when interest rates were lower, so it was easier. 

The other reason is that you need to keep those interest rates low, very low.

It is no secret that with interest rates at 7-8% that it can be challenging to find properties that cash flow.

On that program it does require 'Full Doc" income so W2 or 1099 income would be required.DSCR also offers 30 Year Fixed, ARM programs for lower rates and Interest Only which can help with first few years initial cash flow.

Remember though you either offer on total CAP rate or pad rate only plus wholesale value of the trailers.  

Compare rates, compare specialization (you don't want to go with any bank if you choose a 203k - go with one that has experience handling them).

It is essential to conduct research on school districts, crime rates, and market trends.2.

Purchase price: $450,000 Cash invested: $5,000Purchased this home to live in, then rented it and moved out just over a year later, this is my second deal like this, according to Zillow I owe about what Zillow says its worth but I got it at a good rate, although it was at the peak of real estate right before everything dropped and rates started increasing.

If it's being valued using comps (since they are 1-4 units) and not using NOI and cap rate like commercial properties, the return might not be there at the exit. 

It'll be interesting to see how our rates compare to last summer