Although there is potential profit in this kind of profit, there is also more risk associated as the repair costs can pile up quickly and create a scenario where you have invested more into the property than the repaired property would actually be worth. 

Hi @Esther IrokoPlease kindly ignore all the specific advice from Americans as the landlord-tenant laws are so different in Canada.

They get a chance.Quest had two kinds of 401k’s: The cheap version and one with a “Does bookkeeping and some (perhaps all) federal forms” apps.

Yes, any cash you take out of a 1031 exchange that isn’t reinvested into a like-kind property is considered “boot” and is subject to capital gains tax.

What kind of rate should I be able to get right now?

They were not a good match for us but it never hurts to be polite and kind.)

It's a 4 family, I just don't want that kind of transactional relationship with any tenants.

My advice would be only to do this kind of investing in your market. 

Would you please be kind to share an emotional service animal addendum that you use @Nathan G. :) Thank you.

You don't want to start playing sides here and getting involved in these kinds of debates.