The whole process has felt pretty complex to me, but this seems like a big hurdle has been overcome.  

They always took the lion share and would consistently nickel and dime the contractor for their employee mistakes or just to satisfy a unreasonable customer.

I see you also work in the states, is there a lot of hurdles to do so?

I told that's unreasonable since we now have no way to grow the grass and she should start paying the $100 until spring when we can finally put in grass.  

This will invaribly be different for each rate and scenario but just a general gauge.Even though rates are in the 3's and 4's the monthly payment or what we call the "mortgage constant," on our end is higher because your payment does not consist of just interest, but interest and and 1/360th of principal on a 30 year fixed loan which is designed to amortize/payoff to $0.00 balance by year 30 or 360 months.Typically a rate around 4's will have a monthly mortgage constant of around .50% monthly (6.00% annual) or about $500 per month for every 100,000.Sometimes when the rate gets into the high 3.50% range the MC is around .45% per month ($45 per month for every 10,000 borrowed) so it doesnt vary much while at 4.50% 30 year fixed the MC monthly is around .507% or $50.70 per month for every 10,000 borrowed.I suppose all this technical speak means is that if you borrow money where the outflow out of your pocket is around 6% with interest and principal considered then you'll probably want to reinvest it somewhere else where you can get considerably higher rate of return on this cash than 6.00% atleast this is how I look at it.If you want to make 6% + 6% for cost of funds then you'll want an investment with a hurdle rate of 12.00% or higher cash on cash as an example.

Decent credit and a decent property is required, but if those things aren't hurdles (and they don't seem to be from what I've read), that would be a strategy to pursue.Stephanie

I brought a contractor out yesterday and better understand the condition of the house, so funding is now my next hurdle.

There must be five or six now.Part of the strategy on claiming CCA will depend on how you hold the property (i.e. directly in your name or via a corporation) and your planned length of hold.When you hold property in your own name, the CCA recapture upon disposition can hurdle you into another, sometimes substantially, higher tax bracket {BTW:  The recapture has an inclusion rate, in your income, of 100%; it is not taxed at 100% ;-) }.  

However as the market continued to climb and people began to pay unreasonable prices we exited the strategy by the end of 2015.

Just shows to be wary of who you get into contract with, some people are just unreasonable.