There is also the property purchase tax in BC that will add to the purchase price.I've not had problems renting in either location though one rental in AB has higher turn over due to it being more of a student focused rental, where as the others are more for families or retirees as they are single family houses.Narrow it down to a city and an area and then look at the starting prices for homes. 

Eagle Ridge is a quiet and often overlooked neighborhood that's perfect for families and retirees.

Its no surprise that out of state folks, retirees looking for residency and a 2nd home, etc., will continue to purchase said homes based on the lack of affordable options out there.  

I couldn't even qualify most of them.I could see wealthy retirees gobbling up rentals and homes in Tampa.

Retirees who simply want ultra safe investments with predictable returns so they can collect a check each month.5.

and usually winds up being former A/B retiree's.

In those units, I have 4 tenants with undergrad degrees, one tenant that has been with walmart for 8 years, another supervisors for Signet, a retiree that's been at the grocery store next door for 15 years.

I for one am in a good position with my renters, (I hope) as I only have 3 properties, 2 occupied by retirees (probably better of than myself, and I don't think likely abuse the system) and another younger couple who if they tell me they have lost their jobs they can come work for me. 

Not only is it mom-and-pop owners who are going to be smacked in the head by this there will be a noticeable negative effect on retirees' money. 

So i am trying to find out my next move i worked it out in an excel sheet last night and it looks like what is going to be best is to pay off my lowest rental that will take me about 4-6 months then i am going to take the 3-4k a month and invest in a 7-10% APR vehicle  I am going to take the extra money from the mortgage that i payed off and snowball it into the rest of the mortgages by age 55 i should have 2.5 homes paid for and about 10 yrs away from having them all paid for and a million or more invested with a pretty good monthly interest payment and a business that i can think about selling for a few 100K  and maybe retiree but that means i dont buy another rental for 10 years i am not sure if i want to wait that long on buying another rental ether but i guess cash is king and i can always change my plan down the road