Expensive market- alternative ways to invest- Vancouver B.C

[Tomislav Glamuzina]

Hello everyone, so i live in Coquitlam, British Columbia, and as many of you may know the market is very hot and very expensive.  

I am planning on purchasing my first primary residence (townhome), to live in ( and rent out some rooms) relatively soon. With that being said, it seems very hard to try to even breakeven on the monthly payment without trying to get too creative.

I am okay with this purchase and situation as I want to live close to my place of work. But, my main question that I have been thinking about more and more is that I want to still invest in real estate but it just seems very difficult given the price of everything. 

Would some good alternatives be investing Out of province for rental properties?