@James Clays  It depends on what you are trying to accomplish. 

To accomplish this, you need an income that outpaces inflation.

What are you interested in accomplishing on your investing journey?

What are they trying to accomplish?

I would love to see if there is a way for us to work together to get your goals accomplished.

A 72-T exemption known as a Substantially Equal Periodic Payment (SEPP) is a pretty rigid agreement.I don't think you will be able to accomplish the rents-only goal.  

An LLC on its own is not going to accomplish your goals as the CRA considers LLC's to be "disregarded entities".

I wish everyone in this group a Happy New Year and a year of nothing but accomplishments

After reading so much in these forums and watching videos of people who have dived into real estate, it's pretty amazing what can be accomplished in 5 years! 

For a building that size I would expect they would have had someone like a John Burns or someone else provide a report to understand the comps and current absorption rates and vacancy rates for this class of building.Now that you have invested, it cannot hurt to go out and view the property but what are you trying to accomplish by visiting ?