Also, luckily i work a crazy rotating schedule at work so my job allows me to have ample time off each month.

Kitchen, bedrooms, TV area.

The rents are around market rates with about a 100 window to raise the rents over the next couple years (maybe more) (they are pretty comfortable apartments with two bedrooms and washer and dryers inside. 

Even if the ratio in your area is a bit higher, you can compensate with: more units, getting a roommate for your extra bedroom, buying a property where you can add value, etc.  

I just scooped up a single family in Aberdeen, 3 bedroom, 1 bath, 1000sqft for $102k

It seems like an amazing deal -- so I want to run it by you all in case I'm missing something.Property DetailsListed on MLS for $185k; on market for 249 days5-units: 1 efficiency, 3 1-bedrooms, 1 2-bedroomAll units currently leased to students through Aug. 20173 blocks from local 4-year university that ranks top 15 in the stateRoof <2 years old; all furnaces <10 years oldAnnualized Net Operating IncomeRent: $32kVacancy: 3% or $1kProperty mgmt: 10% or $3.2kTaxes: $6.4k Water + other utilities: $2.3kInsurance: $1.2kMaintenance: $1.5kNOI: $16.4kFinancingI'm hoping I can negotiate the price down to $160k and put down 25% $40k Cash on cash return: 40.24%Apparently the roadblock for this property has been financing since it's a 5-unit and would require a commercial loan.

They are very informative, and contain ample information. https://www.biggerpockets.com/blogs/

* I didn't get a real good look at home inside, because guy was huge and in way going to see mom in bedroom, but didn't get a horrible vibe about inside condition.

Appreciation and rental market are red hot right now in TO on 2+ bedroom Condos.

I plan to use Allure Vinyl Plank Flooring on living room, basement, hall way and have carpet for the bedrooms.