Some people have been sharing news articles on the forums and I came across one today that I thought I'd share.  Basically, the author is stating that landlords are using late fees and evictions as a source of income ...

I skipped to the end of the thread, sorry...I think the internet will continue to change how we all do business, and real estate will not be spared.

We have two spare rooms for rent, 1 full bathroom for the rooms to share + half bath downstairs for roommate/guest use.

Its very compact (3b/1 ba, 1054 sf), so even with some structural repair to be done, I cannot imagine a gut rehab to be extremely costly.

The wife and I thought either getting them a hotel room, or offering a spare bedroom in the main part of the house would be acceptable.

We have been unable to use 1/3 of the house we pay rent for, actually more if you count the fact that the dining room and spare bedroom are entirely being used as storage for stuff usually kept in the basement.

I hear that in this present moment a lot of people are moving out of the more compacted areas into the more open spaces.

All things considered, it sounds like these would/should be short term deal funding sources used sparingly, and probably not borrow the full 50% allowable to give yourself cushion.

On the other hand I feel that I need every spare cent to pay bills and save up for our next property to make it further in life and it feels like I might be paying towards something that never ever happens, I'm torn.With the retirement annuity, I do believe in not putting all my eggs in one basket and it’s a very good idea, but I feel that if I take life cover and a retirement annuity my expenses will equal my income, and I'll just be living from pay cheque to pay cheque which will put a huge setback on buying our next property.FYI, I'm 31 years old if that makes a difference?

I'm still working a full-time job and part time weekends but all spare time is spent reading and learning.