Canadian here!
I live in BC and in 2023 my mortgage will be up for renewal; my plan is to take the 80-90k in equity and invest it elsewhere. I have about 45k in the stock market, I'm interested in including a rental or two in my portfolio. I make about 80k a year before taxes.
I'm wondering what other peoples' experience with owning rentals far from your home has been? My intention is to get a property management company to deal with it after I buy something.
