Always consider traffic.  

It's a low traffic area so hopefully I can get a few yrs before having to replace.I'll definitely take the most rent I can get. 

Of course, the other issue is with tenants and especially the foot traffic/noise from the upstairs tenants (currently the upstairs neighbors are in escrow and the new potential neighbors seem nice but they might be 'loud' on their feet).

A buyers realtor I'll dealing  with will eventually become impatient especially if they have no prior investing experience and I go through the pre-approval process which is only good for 90 days, I'm willing to bet he wants to close on a deal within that time frame and will do whatever it takes to close the deal, justified by time spent getting to that point...I think getting my own real estate licence will allow me to have a better understanding and control of the deal I'm buying into without outside influence and limiting other people involved... after all everyone thinks there time is worth something and return is expected from a client..

I concur with you I think I will receive more traffic and possibly a tenant at $1050.

From what I've seen it has alot of cross traffic going through, People just traveling, going to the bus stop, Bums going to get cans out of the trash.A manager I know said to put a gate up to stop the traffic. 

They are not having to pay higher rents for the anchor tenant like in a mall and get better visibility and more frequent traffic from rooftops.20 to 25 years ago we went to the mall as maybe a gas station and one supermarket existed where we live.

I really like the idea of a big downpayment to avoid CMHC, but sometimes that may be harder as a first time home buyer as well as impatience lolI've never managed a property over 100kms away, but if that's where you find the deal, it may just be a matter of working with a property manager or having a list of 'go to' tradespeople you can call to help you with repairs and maintenance.

You can have the SBDC review the tax returns and also have them help you research the competition and traffic flow etc. in the area. 

I heard the motor traffic might be worse than in LA..