My last note would be to try to buy 3 or less replacement properties, it makes the exchange much easier and you avoid some additional rules.

Account Closed It's not so much using your last name on BP for credibility for me.

Lastly.

.: So I have been thinking the last number days about a particular scenario. 

Was at one last week that included City of Calgary who did a presentation on legalizing illegal suites and accessory suites in general

AND prices have come down a bit in the last few years.Get a good grip on your personal spending and CUT BACK on everything for a couple of years.

I haven't done any deals yet, I've just started searching for a cash-flowing 2-4plex in the last couple months but I'm still about 6 months from being able to afford a 20% down payment with no cash reserves left for maintenance.Aquaculture is an interesting suggestion!

Lastly, in our homes we don't do sofa beds.

Are you looking for suggestions about the townhouse you bought last year or for a future acquisition?

Last piece of advice is to surround yourself with quality service providers (real estate brokers, lenders, accountants, attorneys, PM's, Contractors, Insurance Brokers)., They will be instrumental to your business.