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). 

Hopefully rents start going up 2nd Qtr and into 2026 and 2027.What price range do you want to be in? 

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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.

If your units meet the qualifications of no-fault eviction, I would start the termination process over (because may 25 was so recently I would not gamble and try to amend existing notice that may be found not to be compliant with ab1482).  

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

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 

I am starting to learn about real estate investing and are super interested in learning anything and everything about it.

After reading Rich dad poor dad when I was 16 and began reading more of his books it was clear that a duplex was the way to jump start my career as an investor and more superior than a single family when it came to cashflow.