I just wasn't sure how the CSA and accelerated depreciation would be impacted should I convert it to a personal residence 2 years after the rebuild.Sharing this clarification up front would have produced better targeted responses.When you convert a rental property to a residence, nothing happens tax-wise.

Most of our housing stock is 60 to 120 years old and requires a lot of capex, especially the bottom of the barrel properties are typically fools gold, because capex will exceed cash flow over a few years.

Purpose of the investment is  positive cash flow.

Hawk Tuah mate hahaAnd now is when you reply with declining services but happy to offer a cash offer on portfolio to turn there self-managing misery into cold hard CA$H.... $57k per unit, done, let's get this signed..... 

The appraisals that consisting come in close to what a property actually sells for are where the subject is an income producing  property being run on a consistently and providing consistent cash flow.  

HELOC wouldn't be bad but if you are doing another house hack I would use the cash you have and not borrow for the DP.

Purchase price: $140,000 Cash invested: $30,000 Sale price: $350,000 SFH - Long term hold

If you're just starting out, a turnkey cash flow rental is a solid move.

•Are they typically given a percentage of the cash flow along with interest on their initial contribution?

Purchase price: $350,000 Cash invested: $100,000 Sale price: $875,000 Stamford water view single family home on Long Island Sound.