:-DIt will all work out well.

As long as the numbers work and you are realistic on your costs and amount you can rent it for it could work out great.  

I think it’s definitely doable, but it does require a little more research, a good group of people you’re working with, the numbers to work out (duh) as well. :)

Also depends if you have a lot of scratches to work out.

Hey Eddie, how did this investment work out for you?

The last day, and only one I found worth a damn, Compare the costs for renovations, look at possible properties locally, and work out the math so you can find a good deal. 

Our attorney suggested that this would be very effective and if it didn't work out, we just evict the tenants.  

I'm not opposed to it, it just happened to work out that the stuff I bought in the past has been on the MLS. 

It may work out great.

You want to make sure that you have all of your expenses and income accounted for, list of your properties, and work out depreciation based on whatever Canada's depreciation formula applies.