There will also be ongoing administrative/servicing fees levied by the custodian/servicer on a monthly or {semi-}annual basis.On top of all of the above, you need to evaluate the opportunity cost of holding your mortgage within your registered plan.  

Hi @Levi Lewis ,I think you're asking if you should refinance or leave your cash in.

Quote from @Levi Bennett: I find it astonishing that nothing in Western NC made this list.

That structure can work.Just some things to add to what Levi said.

@Ilan Levy-LambertIm from NYC as well & invest in CLT..

Impending Costs: No assessments have been levied yet, but repairs will likely be needed.

If you close on the property and own it, even for a second, Uncle WA will charge you excise tax for the privilege.  

@Levi T.

Pass-through charges must be separately listed as to the amount of the charge, the name of the governmental entity mandating the capital improvement, and the nature or type of the pass-through charge being levied.

@Levi Dullum - Our conscious effort creates the life we live.