@Gustavo GonzalezFor those who are able to save more than $30k a year or have substantial liquidity (over 200k), being a landlord and especially flipping is a lot of work.

It will save your Dad's helper from falling behind on taxes.

Most of my savings would also go into this deal and I wonder if it would worth it? 

. $$$2-Rent it out and use a HELOC to fund an owner occupied 5% down MFH-House has potential to bring in around $800-$1000 CAD per month in profit 3-Rent it out, move in with the family until I have enough saved up for another down payment.

@Rory Cummins, Matthew saved me the message, but I would also be interested in meeting with others interested in MF.

I made a plan to pay them off within 4 years but I will leave me little room to save for my first property.

You do have to hold the investment for ten years to recieve the full benefit but it worth it if you save 100% of the capital gains tax.

I know you have to live in each for at least a year but I should have enough saved to where I can shortly make a down payment on another property regardless of needing to stay in the first home. 

If there is an issue with the range shortly after the purchase, I would like to be able to  be able to get help from a reputable company to get the issue resolved. 

Save a good cash position while you are out here.