Or should I save up separately for my first rental property and keep my personal residence out of this?

Sometimes you also need to make it cashflow positive, lots of ways to do this in Calgary (renovations, adding a garage/renting a garage separately, etc)DM me I can send you some examples

So, I believe this would require me to get additional debt via a separate loan at a rate higher than my mortgage rate.

It has primer in the mix, so you don't need a separate step.

Imagine having 10 separate accounts just for 10 properties.

I would recommend consulting with an attorney to find out why you would need a separate LLC for each property. 

The landlord responded that the lease was not subject to the Rent Adjustment Program since the rental was for “sole use of one or more rooms and shared use of common areas (such as a kitchen) in the residence,” which was a single-family home.In its decision, the court focused on the definition of a “dwelling unit” as used in the exception found in Civil Code section 1954.52(a)(3)(A), which provides that “an owner of residential real property may establish the initial and all subsequent rental rates for a dwelling or a unit about which the following is true…It is alienable separate from the title to any other dwelling unit….” .

Question is if we have a conversation with each tenant about what they feel is a fair rent and one says $1375 and the other says $1400, and $1400 is our target - should we accept separate rent amounts?

This was a perfect set up as it had a walk out basement/separate unit with 2 beds/1 bath and a kitchenette.

On the stereo they cued up a Taylor Swift playlist, songs about separation and loss and moving on.Early in the evening an order came in from a Japanese spot.