However, if your mortgage allows open prepayment to an annual limit and/or an annual payment increase (as do most fixed mortgages in Canada), then borrowing from the LoC to prepay the mortgage serves little purpose unless your LoC was on better terms than the mortgage.  

As world economics and geo politics have become more of a constant, this Teak investment will serve for diversification in asset class, maturity- since you don't have to harvest, currency arbitrage since main customers are China/India/Europe. 

@Nicholas L.

I have started the process to sue for rent ( waiting sammons to be served via certified mail, Sheriff office is backed up).

I served 21 years, retired in 2008.

Quote from @Nicholas L.: @Elisha Johnstoni'd house hack where you live first.and if you're serious about investing in Ohio, make trips to Ohio.do not buy a random property solely because of its low purchase price. that will set you back.good luck. 

We'll see where it goes either way I am determined to design build something to make into a successful STR business.oh yeah and currently taking a major L on QQQ shorts that I was probably too early into.

@Nicholas L. 

That “DIY spirit” and willingness to dive into hard work will undoubtedly serve you well as you grow your portfolio.This is a great space to connect, learn, and share experiences.

Quote from @Nicholas L.: @Brian Burkeand in all these requests / proposals for data and analysis, doesn't the importance of relationships get overlooked?