Meaning investing $200k to build one will likely not increase your value by $200k.

A prudent investor doesn't seek quick riches through shortcuts.

Quote from @Keegan Darby: Hi BP - I’m seeking advice on a property I own. 

@Scott VaethIf you live in part of the home and rent out rooms, you might be able to keep the lower 4% owner-occupied rate.Instead of a long-term rental that barely covers half the mortgage, could you do a rent-by-the-room model or target traveling professionals to increase cash flow?

If that does not go in my favor I may need to seek legal counsel.

As long  the tenants pay the rent each month, increasing their rent will be very tough and getting them to leave will be extremely tough. 

In 2022 the rents increased 12.1% year over year which was the 3rd highest in the entire country per https://www.axios.com/local/cleveland/2023/02/14/cleveland-rent-prices.

The end product will be great, as others have mentioned perhaps in other threads, Delta has not increased any of the cost, so there is still a huge equity upside.

I am here to learn more about my own personal investments as well as seeking out learning opportunities from like-minded individuals.

He thought you were looking to be a borrower with your plans investments, not be a lender with your RRSP.I would seek out providers of self-directed RRSP plans in Canada.