Many variables involved including amount of maintenance fees and how large of a debt/LTV you are leveraging4. 3 bedroom is better than 2 and 2 bedrooms is better than 1Not always.. depends on how passive you want to be.. definitely for a non condo yes it should be minimum 3 bedroom.. 3 bedroom condo can be an option if you are willing to rent out separate rooms.. takes a bit more work but your rental income should be higher vs having a single tenant to occupy the whole property.. you can also rent rooms with a 2 bed unit.. but if you want to be passive with a single tenant you should go for the oh so popular 1 + den with 2 baths..5. see markets 1 hour outside of Toronto -- check Hamilton, Guelph, Cambridge, maybe even LondonGreat options as all of those markets are hot at the moment.. should consider Niagara Region as well6. houses are better for appreciation but will be more work and more expensiveIn general yes..

And that game might be on its last leg, as rents can't go the the sky and prices have become ever so disconnected from the rents in the most popular places.I'm not that familiar with Kelowna.

Contrary to popular belief, you can build wealth renting

Anyone know of the legal and tax issues arising from doing a refinance (rate/term only, no cash out) out of an LLC and into personally owned? 

I did a cash-out refi earlier this year, using a popular lender on biggerpockets, he was great.

This is a popular model in my area but nit in every market. 

And the other benefit that you have is that you would live there, so were the worst case scenario to arise and you don't find tenants (you will, though), it's still your place of residence.

Phoenix is very popular with Cali investors (both because of the lower entry point and the close distance).

I would like to buy a small multifamily in South City in the next few months if a good opportunity arises.

It’s a very popular and desirable neighborhood that warrants excellent rents or resale.