Hello all!I'll keep this short and simple. When prescreening tennants a general rule of requirements is as follows: Income must be three times the monthly rent or greaterNo prior evictions or feloniesGood references f...

My name is Camden Kelly and I recently started working within the real estate investing game.

Investing here is a 30+ year strategy of cash flow, forced appreciation through flipping (short term - investors have been getting out of that game here for the most part), and long term equity.

I am looking to get into the rental game after my wife and I sell our second home and move to the Ottawa side of the NCR.

. ;)Over 100 units, it's a totally different ball game.

And of the ones that do, there are two primary reasons that it gets this far: 1) the tenant has nowhere else to go; and 2) the tenant knows how to game the system. 

This is normally what I suggest to people looking to get into the game. 

Rents would have to be closer to $3k to make sense unless you are playing the appreciation game. 

I like the land game i grew up in it. so i understand it. 

I love the mentality of just getting on-base, Michael, so that you can get into the game, but this is looking awhole lot like you're leaning your head into the strike-zone hoping to get hit by a pitch that might do more damage than you realize.Somebody else mentioned it already, but what you have budgeted for Repairs, Vacancy, and CapEx just won't cut it on a property of this vintage.