The detached market has soften quite a bit and there’s opportunities in finding properties that need work and that you can add value and cashflow by adding a rental suite or carriage home     But it’s not easy to find... - Matt

In fact, stability could be an advantage, especially if the economy softens.

Don't rush to invest, if you save the money now, when the market softens, he who has the cash is king.You have to start putting money in a savings account and if you refinance, put the extra in the account and watch it grow - you gotta get to where watching your acct grow excites you as much as the investment gamble.

For example, if rents soften in your area, could you take a 10% hit on rent on this first property and still make everything work without coming out of pocket?

It boasts 3 2-bedroom units and 1 1-bedroom unit, 2 brand new oversized water heaters, 2 water softeners, a boiler and ample storage space for tenant belongings.

How soon will you sell and is there margin in case the market softens? 

The market is softening however compared to the last few years.

Poorly sized or clogged or malfunctioning filter cartridges, water softener or iron filters etc.Check and change filter cartridges and inspect your backwashing filters and water softeners if you have them.

Grab some rubbing alcohol from dollarama, assuming it’s latex it’ll soften right up and wipe off with some elbow grease.

There are a few ways you may be able to soften this tax blow but they will depend on your specific tax situation.