I agree, something to 'set apart' seems to be the name of the occupancy game aside from location & views...that "Instagram Moment" - theme/mural/badass outdoor space/something outside of the box/really cool game room...just some ideas. 

There is no appreciation beyond that like you have in real estate, but it is the easy answer to your question at the moment… and inversely related to real estate, so as interest rates go down on savings, real estate affordability will go up by the same measure (more or less). 

I plan to make more acquisitions, but at the moment, this one property would use up all my liquidity. 

The has been a lot of cases where the rehab was done to make it look beautiful to the buyer but everything behind the walls or where eyes cannot reach is done incorrectly.Even big new home builders do this kind of shady business where it comes to a point it is necessary to order inspection for new home builds in US .

River park area is great, around the hospital on the shore is having a moment as well.

The market in Calgary is doing well at the moment no?

Both are very beautiful places!!

It is a beautiful place I bought a few years ago and want to invest in the basement to then flip the building.

@Tim MelinPro - didn't take into consideration personal income or debt.Con - stiff prepayment penalties that are typically a 5-yr step down and the rates have gone up considerably in the last two months making them a poor option at the moment if you believe rates will go down in the next year or two.

Right now, the renters do not fill out any sort of application, they move in as soon as they look at the unit and move out on a moments notice.