you have to learn land entitlement. we identified a site today for hotel development that was an 18000 sq ft lot.

Think through why you even want to invest in real estate in the first place.

New investors might think they are salvaging an investment when in reality, they might be complicating their financial situation.Ultimately, the decision to cut losses is not just a financial one; it involves a careful assessment of emotional factors as well.

I was thinking about my previous reply and need to correct myself.

Think about how these fees cut into capital gains! 

The liability is way to great to keep that around.You might think of redoing the exhaust.

Quote from @Josh Jung: Thinking of switching over to beagle - ran into them at a NARPM conference in DC last week. seemed pretty good Let me know how Beagle goes.

I would like to point out how awesome that your first thought was, "how can we add value to people lives" That sort of thinking is what will get you far in investing. 

You also have to think the longer that tenant is in it, there will probably be some more expenses when you sell. 

Considering that my parents and I are not Canadian citizens it adds an additional wrinkle to things as they or I are not able to claim this as the primary residence and avoid the capitol gains tax... a lot to consider and think about.