Ahh yes, there are so many options.

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Hi Jerrell,  The best option for trying to get a HELOC on a property would be to check with local credit unions. 

For that amount, you might as well have purchased an extra smaller house.

I think Rooms to go would be a good option to get you started given your distance.

BC I know has a property purchase tax for everyone and an extra one for foreign investors.

They have 2 options, both for 3 year lease terms.Option 1 - 85% gross rent receipt.

Then you can choose to get a roommate to make extra money.  

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.