If the tax bill from selling (capital gains in excess of the exclusion + depreciation recapture) is fairly high, consider a 1031 exchange.

2022 started off the way 2021 ended, with a very hot market, quickly rising prices and fierce competition between buyers bidding on very limited inventory.That quickly changed as the Bank Of Canada started increasing interest rates in an attempt to curb excessive inflation.

Whenever a roof surface abuts a vertical wall, moisture intrusion that may lead to damage and rot becomes a risk at the intersection.

Better yet add a fee for excessive  heating or cooling or take other actions if needed. 

They are even responsible for the excess use.

The duplex needs a new roof, new windows, update with the electrical outlet, it has termites and moisture damage (possibly molds) among some other things.

Should I pay the water and include a clause that the tenant pay for excessive use?  

But Avoid excessive leverage.

Slide the new board in place, wipe any excess glue up that squeezed out of the seam and set something heavy on it.No pulling up half the floor to replace one board and only takes about 5 minutes.

Q2: About the $1200 security on the year already leased....Do I read the code right that I must return some amount of excess now that tenant is staying past the first year?