I would base your split on bedrooms.. which translates roughly to how many people are living in each unit and consume utilities.  

But with home prices rising, that $62,300 profit translates into only a 36.7% return on investment compared to the original acquisition price, down from 39.5% in the fourth quarter of 2019.

For example, in a market with a 6% cap rate, a $10 rent premium translates to $2000 in additional property value. ($10 per month * 12 months)/0.06.

So you have 30k down payment for 2 houses, but you want to purchase 70.That would translate to 1,050,000 needed for down payment.Where are you getting the other million dollars need?

I'm a little uncomfortable rehabbing and refinancing on only my second property, but I'll do it (as cautiously as possible) if it's clearly the best way.Side note - I know Brandon has a book on investing with little or no money down, does it translate well into the Canadian market?

Investing out of state necessarily means hiring a property manager, which automatically translates to “lost profits” you could have kept if you would have managed them yourself.  

Remember, if your management company is charging you 8% of your gross income, every $1,000 of rent you earn translate into $80 of income for them.

I’m not sure if the work you’ve done to help them has any impact on an “admission of guilt”, and I’m not sure how the as-is sale translates to Canadian laws.

This is for general accounting purposes, not for translating to a Schedule E tax document.

This is for general accounting purposes, not for translating to a Schedule E tax document.