By the time I retire, I want to have enough rental properties to have financial independence to enjoy my hobbies and enjoy spending time with my family and watch my children grow up.

Legal consequences and potential financial loss that could have been avoided with timely updates.2.

I reviewed the SB9 legislation, and it states that properties occupied by a tenant in the last 3 years are excluded from SB9 but only if the project includes demolition or altering more than 25% of the exterior structural wall.

@Caryn FischerI agree with Jaron, you should definitely have a consultation with your tax accountant and/or financial planner before you do anything. 

Even when financial goals are met, the experience shapes how owners and tenants perceive the property.

Originally from Africa, I’ve embraced new opportunities to build a better future, and real estate is at the core of my financial freedom plan. 

Based on what you shared you are not financially qualified to own real estate.

@Christopher ReynoldsIt's exciting to see your enthusiasm for real estate and your vision for financial independence.

Avoid deals in poor locations with high vacancy rates, overpriced properties, significant deferred maintenance, and unclear financials.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.