@Michelle Montilla It depends on your comfort level with OPM.

Good entry-level propertyWhat made you interested in investing in this type of deal?

@Avery Carl This point make sense, but it really depends the level and quality of cash flow.For standard LTR cash flow, they are normally not good enough to scale business, so we need to build equity (BRRR) to make ourself scale.The business model for STR might be different, but still, equity is the real wealth.

The Price of oil, declining cad, massive personal debt levels , insane housing prices etc etc...

In the Ontario market after the 2017 spike we did hit a small decrease but overall it rose homes to a new level of pricing. 

@Taontae RaineyConsider studying real estate at the collegiate level.

The challenge here is that, if this were to come to pass, moratoriums on rent would most likely be passes at the local level, which has absolutely no bearing on a moratorium on mortgage payments, which would need to occur at the federal level. 

Our occupancy dropped from a normal vacancy level of 4-5% down to 15-18%.

There are three levels, each with its own full bath and kitchen.

Most people in the real estate industry hold themselves to some level of ethical behavior, but a few people will do anything for a profit.