I believe this growing economy is a good place for investment.

Hi,According to some stats I read, certain neighbourhoods went up by over 20%, and Alta Vista / elmvale area was actually one of the lower appreciating areas in Ottawa. while 20% is not sustainable, our local economy is strong and housing remains one of the most affordable amongst major cities in Canada.

The economy of scale along with the benefit of tax advantages is why you see investors by multiple properties using leverage.

I’m following this same investment path as my first deal and have similar concerns.I do feel as though the strong underlying economy in Denver creates great long term prospects for appriciation and rent increase, despite the short term but very likley threat of depreciation.However I don’t think slowdown in rent should push you out of the deal. 

The flipping options in the area have lowered due to the economy going so well.

"This year is the big correction" "Any day now, we'll be buying houses for 40 cents on the dollar" "longest bull run in decades has to end soon" Let me elaborate and I'll finish with my point.The economy is fairly strong.

She's also right that I would rather not be cooped up in an office, that I would rather be out in the field than in some cubby hole...Literally what I would want to do as a job/career is exactly what my boss is doing right now but there's no guarantee that they will keep me on or that they won't have to let me go a in few years for whatever reason (like poor economy, etc).

So on a home that I did EVERYTHING to I’d hold a thousand or two, but on older homes I add a thousand or so for each decade of the home.With scale you get some economy here and you can play the “odds game” and bet that 10 ACs won’t go out ay the same time and hold less $ per property in reserves.

It might not make sense to acquire a 50k USD Canadian property as that property might not have the economies of scale to absorb the increased compliance fees.Most cash flow calculators take into consideration PITI, even reserve accounts when evaluating an investment property. 

Both have growing populations, strong job growth and modern diverse economies unlike many other parts of the Midwest.