@Connor ThomasIf it’s going to cash flow negative have you considered just selling it even if you don’t make anything and you just bought yourself some free education?

You do not need to own a primary home in order to buy an investment property.

I’m actually at my place right now doing some maintenance after a guest stayed for 2 months.

Why overdo it?

Good price How did you find this deal and how did you negotiate it?

Learn by doing, not by paying.You can do all the right things after spending $40,000 on mentoring and not end up with any real estate.If you invest in a project.....very low chances you end up with nothing.   

Yes, you do get income on the other side, but the prices have bumped up so with interest rates and less inventory to buy, the net income is much less than a few years ago.You can still do it, you just have to factor that in and expect negative cash flow while you live there and then see how good it will be when you leave in a year and do it again.

Housing shortages have more to do with boomers living longer and holding on to their large homes and provincial red tape.

I'm no appraiser but have plenty of fix and flips as well as new construction but IMO, it will be existing home. 

Really like the sentiment around being flexible and creative to get a deal done, I agree, it takes looking at things in a slightly different lens to make them come together currently and I think that will continue as we get into 2025 as well.