Riley - Thanks for jumping in! Definitely

If it continues indefinitely, the cost advantages will be negated, and companies will stop moving here.

Also the family deal makes me nervous.However if you get to control the land indefinitely 2 acres may be able to fit More prefabs on the lotsAlso what's the water situation like do you have water access or does a well need dug?

You don't need to be a rocket scientist to know that Canada's hot real estate market can't continue its space mountain trajectory indefinitely.  

Able to live off of my wealth indefinitely without having to work again.

It's 5-10 years away confirmed it with DOTD office but could cause major headaches for tenants then as they propose to block off the regular entrance to the street during the project and maybe indefinitely rerouting it somewhere else.

Its a matter of your financial stability (can you sustain the monthly nut indefinitely) and your tolerance for risk.

I have cash to cover the spread and any other expenses indefinitely. 

We are both relatively successful in our respective careers and are really starting to consider what the best way to manage our resources is.Seeing how much money disappears each month in rent each month, we have started looking for our first home, believeing that it would be better to start to accrue equity then indefinitely continue to pay our landlord's mortgage.we have modest needs and do not want to allocate all of our budget into our own housing expenses so we have primarily been looking at small multifamily homes where we could live in one unit and collect rent on the others. 

Now that I have learned how to successfully invest in real estate, I wish I hadn't.With real estate I can consistently get 20%+ returns, and if I manage them well, I can defer taxes indefinitely.