I noticed that the bigger companies are actually the worse.

This wont really decrease the contractors overhead substantially, but will increase your exposure a fair amount.Jump on Greg's offer as soon as you can.

@Michael Baradell Looks promising, only things I notice are:Will you be self managing?

Any tricks or tips on decreasing the estimate?

You might get cash flow from your rentals without increasing your taxes, but you will not decrease them.Look at your rentals as long-term wealth accumulation, not a tax shelter.

@Eric SuessYou may be able to potentially offset rental losses against business income to reduce taxable income.It won't decrease the amount you have to pay in "Self-employment taxes" though.

You should have begun the process, pay or quit notice, the day after his March rent did not go through.

One thing that I've noticed over the past couple of years is that you really should have your monies in different areas.

Or we will be doing it but the value of our property will decrease based on demand for it?

I am just starting to invest so my knowledge and experience is not the best but the market in Montreal is very aggressive from what I am noticing and houses get sold in a matter of days.