2) How much landlord & specific market knowledge do you have to do this?

👋 I'm currently located in Las Vegas Nevada but looking to possibly relocate to West Michigan area or more specifically Muskegon.

I advise you to do the same and read many books, connect with people here, ask questions and even answer questions in the forums.

Thank you.Plan check is a methodical record building exercise, that involves many different civil servant operatives, with specific agendas and CTA (cover their a$$) criteria.

They may advise you on the particular conditions and limitations pertaining to the loan.Tax Implications: Keep in mind the potential tax implications of renting out your current primary residence and the tax benefits of real estate investing.

Be as detailed and specific as possible when mentioning your future plans, current operation/experience level, ongoing projects, etc.

Well, IMO it just can't compare to some other fast moving markets like Texas and Florida for example and should be considered as a strict cashflow play.Columbus, Cincinatti and Cleveland move quicker with higher demand and more infrastructure also IMO.With said, Toledo's growth the last few years has been whopping and as @Ahmed Alswaiti mentioned is predicted to grow even further this year.Not a fan of predictions and I always advise looking at the numbers in the deal TODAY and if they make sense.Any appreciation is just the cherry on top IMO.Still buying sub $100,000 properties that easily exceed the 1% rule here.Not sure of many markets that can take claim to the same.Just negotiating on a 6 unit in Point Place (Toledo folks will know the area well) for $160,000.100% occupied.Needs around $50,000 in rehab or so.Optimize rents to $4,500+ per month and ARV should be $350,000 - $400,000.Get 4-5 of those and pina coladas in the Bahamas 😁Find me another market with such deals and I'll be there hehe

To be specific, they pay $1,300 a month when I probably could get about $1,600, though I do not know for sure, as last year was the first time it was rented. 

I live in BC in the lower mainland, which this market is priced extremely high so I am looking to invest out of province, specifically in Alberta.

I strongly advise getting started with a CPA and that you carry chargeback insurance in case a tenant ever reverses months of payments and deposits.