I would probably get a SFH as it is hard to find a multifamily in at least a C area.

I had a duplex in Hilltop that was doing well for me and sold it 2 years later to do my first 1031 into a Hilliard duplex because it was part of my investment strategy (invest in C class with a 2-5 year exit strategy and 1031 into a better asset class).

A lot of my clients are seeing great success in C/C+ locations that are in the major areas of growth, so they get the mix of appreciation and cash flow. 

I am not giving legal or tax advise but from what I understand LLC are not recognized in Canada and will be treated like a C Corp.  

roof on, framing done, pool started, rough plumbing done, electrical rough will start next Thursday, A/C install next Tuesday. 

Quote from @Andrew C.: Quote from @David Orr: ...

Hopefully the current deal U/C closes and posting the disposition splits with $ amount per call, $ per lead and overall cost of proceeding as a cold caller.

Like you mentioned , the prices are going down because a lot of people thought you could just buy a property and slap it on airbnb , expecting it to rent well without doing improvements , not realizing that the market would be overstaturated with " C and D " quality properties ( A+ are the properties i'm speaking of)I'm seeing that you can buy those type properties( A+ potential) that have simply been under utilized and 1.

@Celine Li Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Possibly, but that Fannie/Freddie deal might only return 8% C-o-C with a 17% IRR whereas the smaller deals would probably be closer to 15% C-o-C with a 23-25% IRR.