My question kind of reframes the issue - what if the US is the place to make money on real estate is *the USA?*
I posted over in 'foreclosure about this but wanted to get the 'investment' angle as well ...

So - the pitch from Pinnacle Property Solutions (based in the US) is that they have a pool of bank-foreclosed homes bought at auction - they will resell them to you for different process, based on condition ... and for Canadians, there is an add-on package that deals with administration, title issues, THEN advertising to find renters ... and eventual sale.

Given the huge gap between the 'wholesale' price (nominal $21K American buy-in) and the represented average selling prices ($50K+) ... this seems like it might be a good opportunity.

BUT - concerns about non-sole-resident, property management, title and tax issues... ???
Would I need to have a 'trust' arrangement as a non-US citizen?

Just askin'
Worth a visit to North York?

A link to the outfit bringing them to Canada;
www.normandhaas.com/pinnacle

Their main site (a bit opaque) www.pps-reo.com

I am starting to study the real estate market with regards to investing.
I am currently overwhelmed with the amount of information there is...

What I am learning is ... that it's a viable business if you take things slow and steady and do your homework. This seems to be the case with every type of business.

Today I am looking at the economic forecasts of different areas in order to assess the viability of purchasing properties in that area. So... you start off by studying macro economics before you purchase real estate? I guess so!

Anybody else having success purchasing real estate as an investment in Canada?