Doing this would increase my monthly cash flow approximately $165/mo.

If you consider that tenants are often in 1 year leases, it is often the case that rents cannot be increased as quickly as the appreciation.

Oh, the agent mentioned that they took over management of the park back in Aug and am actively increasing occupancy.

(Located about 45 mins outside the GTA)1st Condo  = $120,000 CAD         2nd Condo  = $130,000 CADRent paid =  1000                           1000Expenses Condo Fees =    290                        290Property Tax=   100                        109Mortgage =        540                        590 Total =                930                        990This is a basic cash flow for the 2 properties I put together quickly and I believe rent could be increased as basement apartments in the area go for 850-1100 and condo's go for around 1100-1400. 

Some people just want to learn for the fun of it, but having a NC and CA license isn't going to make you that much more marketable as a real-estate agent or increase your earning potential as a wholesaler.If you're in it to be a good real-estate agent in either, you want to pick up real-estate sales books.

I am not sure if that is good or not but I believe the purpose is to keep the price of homes from increasing.  

Guess who makes more money when the bid increases.

Is there opportunity to increase rents?

Unfortunately rents have not kept up with the increase. 

You might consider partnering to increase buying ability.Good Luck,Jim