Doing this increased the value of my holding 2.5x, possibly 3x, I will know for sure when I sell in the coming year or two.With that said, DON'T DO IT.Financing, and for the most part the construction, will be the easy part  It is permitting that is the killer. 

We hold GC and HIC licenses and provide the most value on large scope projects.

Commercial require you to have at least 20% skin in the game correct?

I like to hold better quality property/better neighborhoods for the ability to attract quality renters and maintain the value of my property. 

Looking to take the next steps in finding, funding, rehabbing, and flip or holding additional properties. 

There is a solution for Canadians, from NCH out of Nevada to use a regular corporation to hold limited partnerships.

Read my post that has the following two strategies in it to optimize your overall game plan.

Now, if you have other golden nuggets overturning the common misconceptions, please don't hold back.

The reason we are hesitant to sell is with closing costs, realtor fees, and capital gains tax we will be about net 0 after all is said and done, whereas if we can hold onto it and sell in the future we could avoid the hefty tax while also paying down the loan using the renter. 

If I am going to hold and rent, 3 beds in our market get about $300 more per unit, and are desirable in there aren't enough of them.If you're gonna hold and refi, I would make it a 3 bed.I may be just looking at it from a multifamily perspective.Let me know what you end up doing.