Instead of contributing to retirement at work, put that money into the next house.

This cost is typically 0.5% to 1% of the loan amount.Title search and title insurance: The lender carries out checks to ensure no issues with the property’s title, like a tax lien.

Let's assume the issues in China are all worked out. 

These condo complexes have been used as STRs since inception so there's little to no chance of that ever changing in the future making this a safe investment in terms of changing regulations.

Do you only work in Ontario?

Im willing to learn and do the work.

I was debating this as well, but since this area is not a really hot market I wasn't sure if starting the price off low would work to create a bidding war or not.

@Timothy Galligan Section 8 works well in the Chicago market. 

Hi, I'm working on getting a HELOC on my own personal residence.

I currently have seven section 8 tenants and this would be a no for me.