Or should I just give all of my money to this very credible Nigerian Prince that keeps emailing me?

@Chad McLeodNot saying he shouldn’t have any repercussions for what he did but c’mon... you ever send the Nigerian prince your money and then get upset when things didn’t turn out as promised....?

Prince Edward Island (PEI), being an island, restricts ownership of certain property classes to anyone who is not a resident of the Province and restricts the amount of property a foreigner or Canadian from "the big island" can own. 

Foreclosure in Canada is almost evenly divided between provinces which operate under Judicial Sale (Alberta, British Columbia, Manitoba, Nova Scotia, Québec and Saskatchewan) and Power of Sale (New Brunswick, Newfoundland & Labrador, Ontario and Prince Edward Island).Under Power of Sale, the lender is permitted to sell the property without involvement of the court and often without actually taking ownership of the property.   

I know several that do it in DC and Prince George's County.

.$13,800/yr or $1150/mo in income ($575/side)$1,000/yr in taxes$1,000/yr in insurance$2,070/yr Rep&Maint escrow$690/yr vacancy estimateSo, with everything hitting my estimates, I'll be at a princely sum of $9,040/yr NOI from an investment of $27,500 for a ROI of 32.8% per year straight cash return.It'd be stupid to think I can continually get a home run like this, but at any rate I'm totally thrilled with the metrics. 

@Russell Brazil  It's in Prince George County.  

http://www.birmiel.com/I have used them for wholesale deals in Fairfax and Prince Williams county.

I know this great bridge for sale... it's owned by a Nigerian prince and he'll pay you money to take the bridge off his hands!

DC and MoCo is hard to find cash flow, but Frederick County and Prince Georges County have lots of cash flowing properties.