Could do it, but would really rather not.Scenario 2Rent current home - Buy new homePurchase price of 400k20k downpayment as opposed to 100k as used above in scenario 1at 3.375% (would this change with such a low downpayment?)

I don't currently own a home but I was considering buying by year-end since rates are still low.

You can get into the business with low funds but it may be better to bird dog or try to assist an experienced investor to learn the business. 

I set up a minimum price so I have control over how low they can price the room. 

That way you know if its low, high, or average.Are you making purchase with all cash or HML/PML money?

Where We Spent MoneyThe Countertops Everyone loves quartz especially b/c it's low maintenance.

Most calls i get is probably heating and plumbing.  

In Ontario (Ottawa) people with student rentals, do you include all utilities (heat / hydro / water) in the cost for students, or do the students pay the utilities on their own (split the costs between them)?

I have mostly low-income tenants with poor credit (which is fine).

With interest rates so low it has driven down cap rates.