The HOA fees will typically kill the cash flow but on the flip side of that you will have a quality product and with generally low maint..

I’m 33 with a wife and two young kids. (3 and 6) I am a full time online retailer and sell products on eBay and Amazon.

@Matt Baker Most residential type properties in major Canadian cities will not be cash flowing like American properties.

I have been hearing from my tenants that the cost for heating has gone down considerably...this product has only been installed for 3 months in several of my units, but we are very happy with the heat and comfort and no maintenance issues with this under floor heating. 

For what it's worth, the current owner bought it for $40k in 2013 and rehabbed to its current state with new major capex items. 

God forbid something major were to go wrong in the middle of the night then what?

We got an AMAZING deal on a house, had like 5" of standing water in the crawl space, all because the power was off, so the subpump wasn't working.. once we turned it on, majority of the water cleared out!   

At this time you have major negative cash flow or put more accurately you are losing a large amount of potential income.

Since they have concentrated their purchases into pockets of major cities, it means it will be hard to command top dollar if you are selling 10 homes on the same block.

I would also add as long as no major unexpected repairs come up in case the A.C. or hot water heater were to die.That should hold them short term.