Seems to be a great hold that'll continue to increase in value and the debt will be getting paid down.

LOTS to talk about in Calgary as quality multi-family deals are being snapped up quickly, multiple offers on handyman specials, and parts of the city is experiencing Sellers Market, while the CIty of Calgary has decided to continue their major capital reinvestment projects, so there will be emerging areas soon! 

As this process continues, I will have more accurate information, but these are all amazing things to think about.

After some back-and-forth an inspection was scheduled only for the code enforcement agent to... wait for it... wait for it... ghost my PM.At this point, I've advised my PM to communicate with code enforcement in writing as much as possible and to continue to document their no-shows, etc.

It is also my understanding that this would result in large tax returns (from depreciation offsetting my other active income) that I could use to continue to expand my portfolio. 

You would continue to defer all of the tax and receive potential cash flow until the market becomes more attractive for you. 

Fannie does have a guideline that allows a property to be deeded over to an entity so long as the original borrower is also in the entity, but you have to wait 6 months of seasoning and maintain continuity of ownership.  

Rents could continue to fall, and the cost of labor rise dramatically.https://www.cnn.com/2024/11/19/economy/new-home-undocumented...

Use some for buy and hold (I personally would prefer apartments rather than buying a few single family homes) and some for lending/trust deed investing.In either category, you must know what you are doing, know how to vet the investment, how to vet the sponsor (if investing in a larger fund of some sort), the laws and regulations on the lending side, how to investigate which areas to invest in buy and hold and notes/trust deeds for that matter.So as you have already said several times, lots to think about . . . 

I'm starting to investigate more creative financing options to scale faster in 2025 - 2030.