With annual gross rents at $52.8k, that's a solid income stream but you'll need to factor in expenses like taxes, maintenance, vacancies, etc. to get the NOI.

It sounds like a trainwreck on paper...and things usually go better on paper than in real life I would suggest saving, increasing your income streams, and learning in the meantime while you save. 

The section continues, “… Bed and Breakfast establishments, boarding homes, dormitories or multiple units, or any other similar lodging arrangements are specifically prohibited.”Section 3 – Commercial Use – states, “…no part of a Lot or Dwelling shall be used or caused to be used or allowed or authorized in any way, directly or indirectly, for any business, commercial, manufacturing, mercantile, storing, vending, or other such nonresidential purposes…”.

No one I know wants to retire, they just want to create more income streams to have time freedom.

By placing more emphasis on the condition of residents’ dwellings, the new inspection model aligns more closely with stakeholder expectations regarding housing quality.

My internet provider said that for $10.00/month additional, they can provide live streaming TV services (i.e.

It has 2 separate dwellings.

So please take a few minutes to complete the opposition form and share it with anyone you think will be affected by itKey details of this ordinance include:Demolition surcharge quadrupled as part of a “pilot program”The fee for demolition within the pilot zone will increase from $15,000 to $60,000 for a detached house, townhouse or two flat.For a coach house or multiunit residential building, the fee will increase from $5,000 to $20,000 per dwelling unit for the demolition.

Another example is converting the garage into an Accessory Dwelling Unit.

Focus and consistency are going to be your best friends.Also, I wouldn't tackle buy-and-holds right now unless you currently have a high cash flow revenue stream in place.