well any pay 20k to a guru for that business model.. :)

Well, its a combined package of 4 self-storage properties here in TX, with a consolidated occupancy of 82%.

I’m an investor agent in the area as well.

Your financing should be based on your goals as well as your cashflow (after paying the mortgages, repairs, vacancies, etc.)

But learn enough to get in the game, then make a play and learn from that as well. 

And how there are differences in each province.. is what you describing how it works in the entire country or is it Province specific.. has Vancouver BC dropped 30% as well..

I have done six plus flips and done well with that. 

I suppose it's a matter of weighing options - looking at the potential increased cost of fixing/replacing a damaged roof at ACV verses paying a higher premium for an insurance policy that pays out replacement cost, and see which one makes more sense.

You'll need to search for homes, understand the market, meet the right people, check who you're renting to, manage your property well, and keep money aside for surprises. 

Hi Sam, If the property is priced well and there is an expectation of a handful of offers that you would be competing against, it may be helpful to work with a lender can issue an expedited commitment on the loan within 24-28 hours of getting into contract.