The ability to generate more income for simply the cost of a building is another huge cost saving over buying an expensive commercial lot and developing it.

I've started flipping houses in the HRM (currently flipping a house in Fairview that was purchased off market) and plan to focus on flipping to generate cash flow for the next while. 

House hacking lets you live in one unit and rent out the others, which can help cover your mortgage and generate some extra income.

I think the HELOC is the way to go if you can - However after reading your post, if you are talking about a 6 figure pay day, how long would the property take to generate that 6 figures in cash flow?

It can generate sympathy for landlords and may even shame the tenant into leaving. 

We've run about a 20% vacancy rate. 2 of our MTRs have been great, the third we sold after it wasn't generating enough inquiries over two years of effort.

Hey Mark,I’d also recommend considering DataFlik for deal sourcing and lead generation.

Hi everyone,I’m seeking advice on a property for a family friend who’s considering selling it to reinvest in opportunities that generate better cash flow.

First, please do NOT think you're going to generate enough cashflow to live off of within 3-5 years. 

The goal is legitimate: due to complex tax rules, you have opportunities to game the system by selling some of your investments and intentionally generating either gains or losses.