Talk me off the ledge, or push me over...I need help.I want to build generational wealth.

I have generated a list of pro’s and con’s to each of these approaches, and was hoping people would weigh in on the best strategy.Pro’s & Con’s of just using cash:1.)

And if you keep the lease payments at or below the depreciation allowance you can actually generate tax free cash flow to you for a bunch of years.

But if your goal is to generate cash flow every month with this property, then its probably not going to hit your goals for the first couple of year until rents go up more.Just want to make sure you're going into it eyes wide open. 1.

@Ray Danishyar After watching hours of youtube videos, I have a few ideas and did purchase some programs to help me generate leads, repair cost, deal analysis and so on. 

I believe a duplex is worth more to an investor, because when all things are equal between the duplex and the SFH, the duplex generates 2 streams of income, instead of one, that’s an extra door of income to cover partially for when the other is vacant.

Know what ROI/CoC mark you're shooting for going in so that you can identify when something looks like the "perfect deal," but also make sure you know your minimum return metrics so that you don't miss an opportunity to generate wealth just because the deal isn't "perfect."

Mainly looking at Big White or Radium hot springs, does anyone have experience in these areas that has any tips on how to decide on a place and which will bring generate more monthly passive income and appreciate better?

If it helps, my main goal is to generate cash flow so that I can save that and use it towards a down payment on another property or funnel it into my stock portfolio.

Selling off assets that have appreciated/have lots of equity generates a lot of cash in your pocket that you as the investor gets to redeploy in maybe even better ways.