We're based in Calgary, where there’s a lot of pre-construction happening, and we’re aiming to buy a pre-con property as our primary residence.As a first-time homebuyer, I’m weighing two options: 1.

Quote from @Henry Clark: I old look at buying your lumber early.  

Based on income alone, I could buy a 30k lot in sky harbor and build a 2 bedroom 1,400 sq ft cabin that generates 50k to 60k in rental income all day long (if not closer to 55k to 65k).   

What I did get, was on a marketing email list that sells their other virtual products.

If you could buy it, what would you do with it as an investment?   

Since then, we've analyzed at least 75 deals across multiple markets, developed our buy box, and choose a strategy that aligns with our goals.

Like someone else said better to buy land that is already suited for use. 

What makes you question to buying another house? 

From my experience working with over 400 investors, consider alternative strategies like rent-by-the-room, buying an SFH with an ADU, or renting where you live while investing elsewhere.

but you will have appreciation and equity paydown, but so would any property you buy with financing.