An older, established neighbourhood near a major employer, hospital or university keeps a reliable base of renters cycling through, which supports occupancy but also means more wear and more frequent turnover than a newer property sees. A newer suburb keeps repair costs down but usually means a smaller, more distant renter pool to draw from.
Either strategy still depends on the same underlying check: whether any secondary suite on the property is permitted, since only a City of Saskatoon permit lets a lender count that rent toward financing, regardless of which neighbourhood the property sits in. A $400 to $600 home inspection belongs in the budget either way.
Joel Dyck can compare the actual cash flow and vacancy history of specific properties rather than lean on a neighbourhood's reputation. Get your hand-reviewed valuation from Joel Dyck.