I'm not familiar with Canadian regulations but you should look into how you can get access to money if you don't have any.

You’re currently getting a 10% return PLUS appreciation.  

While buying one that’s up and running might seem a good idea - paying for speed - if you’re not quite ready, sometimes the best deal you make is the one you don’t make at all.

I get made whole by the down payment from the next buyer. 

You can get eaten alive in the Baltimore market by people selling you Class D properties "dressed up" as Class B.

I get 95% of my bookings from Vrbo.

If I was in this situation I would hire an attorney and going forward follow the contract to the letter, documenting each breach but also clearly demonstrating readiness to close on the settlement date.And yes, I would have the lawsuit and lis pendens ready for filing before that date passes."

Congrats on getting started!

If you’re just getting started in real estate, feel free to reach out – I’ve been coaching a new investor in the Houston market for a while and am happy to help you however I can.

If you are moving from your SFR to another property, then you should be able to get a 5% down loan or even 3% if it's FHA.  25% is only if you won't be living in the property in my experience.