However Don what you lay out is exactly how these things usually play out at least up front..

They also prefer not to move out since they are older and are comfortable where they are. 2.

VERY unlikely unless you either source an off-market property yourself or you find a unicorn deal (our last semi-BRRRR was a B-neighborhood property we sourced from an out of town wholesaler in late 2023, but couldn't get all our capital back out on refi).  

They usually will be a big rectangular roof with 1-4 cars parked out front.

Would love to hear your thoughts on the city as a whole, areas you like/dislike, any things to look out for as someone who hasn't invested in this province before, as well as recommendations of realtors and property managers.Cheers,Brian

Assets identified in this study include:Standard windows and doorsInterior ceilings and wallsBasic plumbing and electrical systemsBuilding structural elements and roofingBasic HVAC componentsWater heatersFire protectionThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.

Honestly we wanted to rent out our other unit in our other duplex and we loved the area.

If renters find out your utility costs are high, they will expect a lower rent to balance it out.

DIY online cost segs that are <$1k are being tossed out in audit like yesterday's garbage lately. 

QuickBooks also offers the ability to take photos/upload of your receipts and pull them in as an expense using the receipt capture feature.If you have any questions, feel free to reach out, happy to walk you through the pros & cons of QuickBooks options!