My son currently lives in the townhouse b/c he is going to school and works in the area.Since he is young and starting out in life, I would like for him to only cover the basic costs (taxes, HOA, utilities) just enough for me to break even (I believe that will put him slightly little lower than market rent rates). 

Then, in April last year, my husband and I started a business, and I temporarily put both of those on hold while taking care of my dad.

Quote from @Duarte Marques: Thanks for the fast reply @Chris SeveneyAny tips on how to start investing in real estate?

Connect now and start learning!

If you drop the PM and hold this property consider it a fresh start. 

That's a great person to start with!

Loan Officer, Brave Mortgage called me and we started a refinance option to be able to hold the property and get out of the balloon payment.

I'll be happy to refer your partner whenever there's a client ready to start a project.

Talk to your CPA BEFORE you start the process.

You need to keep in mind that this should be a long term hold at least to a point when you wanna convert back to CAD that you are not losing on conversionWhen i started in 2012 it was like 1.05-1.07