Besides getting lucky and finding one good investment so far, I really don`t think the numbers work for single family homes in this city. Does anyone have an opinion on investing here?

I just closed a deal on a 1 bedroom condo in Regina, but I`m not sure what to do with it. If I rent it as is it will cash flow, If I reno it the value will jump about $35000 minus reno cost of course. I don`t want to sell it but should I? If I refinance it to buy another property then it may not...