It is OK not to have cash flow if you get great appreciation. 

Thanks for sharing your thoughts.Are there any pockets in GTA or Niagara region where you are seeing value with high potential for long term appreciation? 

The population and property appreciation have grown year over year, along with rising rents, which suggests strong demand for housing.

If anyone has experience or tips to share, I’d really appreciate it!

Any other generic recommendation / tips are appreciated.

Appreciate your time.

My brother had access to the other $160K but ultimately purchased a 4-plex two months later using his own money instead.Currently, its written that if my brother doesn't use the funds then he gets 160k value from the estate extra, as I used my half already but then my dad suggested a 2% annual appreciation on that amount seems fair on the 160k for him, and now he believes it should match his home’s appreciation, which is roughly 5% per year.

what if appreciation is low for the next 2-5 years?

I truly appreciate your facts and your knowledge on all of this.

@Rajendran Subramaniam looking at it from a 7-10 year lens I'd say the Texas market would provide the strongest return and that'll mainly be through appreciation.