With smaller income-properties, investors usually must make a strategic choice whether cash-flow OR growth of capital/equity is the primary goal, it is just not arithmetically probable to maximize both at the same time.You may ask yourself how you can optimize these metrics depending on the investor’s portfolio.

The best strategize is based on your financial goals and how comfortable you are with renovations and construction.

At the end of the day, you will be so thankful for being organized and having a strategic plan ahead of you!

You need to look at the sale of duplexes close by to start formulating what they go for, then perhaps add a price adjustment upwards for price/condition, assuming other duplexes are old.

The home could rent for $1100/month with no real upgrades inside and possibly $1300-$1400 with some strategic renovations. 

Strategizing on off market lead gen in the next few months in that area and would love to get your insight on that as well!

In terms of a first-time investor looking to cash-flow in a strategic market, Comox Valley or Campbell river is definitely one to consider.

I’m definitely interested in formulating this exact plan and very soon.

Biggest thing is that a good investor-focused broker should be asking about your long term plan, and helping you use lenders in a strategic order and getting you the right mortgage terms (it's not just about rate) so you can carry out that plan.   

All of the above should be strategized with your CPA.