I used those numbers for ease of math.

I would recommend living in one unit, AirBnB the second unit, and ease into another unit over the next year. 3.

ease of management.

Keep in mind that it still needs tweaking for ease of readability! 

I’ve also contemplated on building onto one of my duplex, which has a big empty lot, this option I was quoted 130K for a new 2/1 1000 SF home.I would appreciate any ideas or suggestions...Ivan, I chose Turnkeys in Phoenix for proximity and ease ( can you imagine flying out to Ohio or Indiana right now from California, people are freaking out over Coronavirus / Covid19) Anyway, it's great cash flow and great appreciation.

So you get the accessibility and the ease of the platform services referenced above, the expertise of actual attorneys, and a price that is probably closer to the platform services than full attorneys fees.

@Vlad Bird It appears to me that you have high-tension power lines running diagonally across the property.

If not, and I am comfortable with where the market is at I will put a lower offer to ease my mind.

I remember when I got mine a few years back and very soon after was very fortunate to be able to secure my first home :)I, personally, would pick between options 1 and 3.Option 1:Pros: You'll have a bigger space that you can eventually redeem for yourself if you ever need it, and allows you to ease into investing by house hacking.It might be easier to get financing for another place in the future if you already have a lease in place for the current location and can show that rental income already coming inCons: Only the portion that you live in could be looked at by CRA as a primary residence and if you do sell at some point, you'd be liable for the capital gains tax on the part that was being rented out (https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/personal-income/line-127-capital-gains/principal-residence-other-real-estate/changes-use/changing-part-your-principal-residence-a-rental-business-property.html)Option 3:Pros:Allows you to have your own space, and understand the nuances of condo living prior to getting a second condominium propertyAllows you to experience some condo living as well as be able to save up waiting for the pre-construction property to closeCons:HST on the pre-construction property (Unless you decide to move into it when it's done)

@Jeff SeversonI agree they were required to keep adequate reserves but I read that certain banks no longer are required to keep ANY reserves“The Fed also cut reserve requirements for thousands of banks to zero”https://www.google.com/amp/s/www.cnbc.com/amp/2020/03/15/federal-reserve-cuts-rates-to-zero-and-launches-massive-700-billion-quantitative-easing-program.html