My ultimate goal is to generate $11K per month in passive income and I believe I can do that by purchasing 3 more single family homes in my area and paying off the entire portfolio.

If the area you're investing in is more 15 min or more away I would recommend LTR.However, all that changes is you plan to hire a PM. 

These areas have much more active management of properties with more collection issues, more turnover costs, more vacancy, etc. 

Since it's a new area, it's something that I see more and more.

Hey @Jessica Venetis, so there isn't really enough info to help.How does your listing compare to others in the immediate area?

I remember reading something about being there (x) amount of days and having an area designated as your separate space.

Look for some Meet Up groups in the area of where they are located and post your question.3.

To highlight the basics of DD, we like to break it up into 4 areas: financials, initial walkthrough, compliance, and paid inspections/services.We like to begin with the items that require just your time, but not money.

I was wondering if any wholesale investors in the Edmonton area could help me get started?

The rent you can charge will depend on what others in the area are charging for rent (numbers) but also intangibles, such as condition, location, layout, amenities, etc.