Should I invest in a rental income property?

I want too buy say a 3 bedroom 2 bathroom home. In Edmonton Alberta. They have some homes for say 200,000. I used the mortgage calculator. A down payment of 10,000 is required. And I would like to just rent it out right away. My plan is to own like 3 rental income property's within say like 6 years. Is it risky? I would like to also fix them up. My friend does this and from what it sounds like he will end up very successful in the end.

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