ABC's is definitely a great intro book for what to expect with Real Estate Investing, as well as defining concepts and working through equations and such.

I'm a big believer in 'proof of concept' before expanding. 

Almost like a co-living concept..

If there were someone illustrating an example of going through the process with mock numbers, doing the math, logic and all for how they decided to buy a house given some mock market data, I think that what really help a newcomer like me to really grasp concepts and the order of how they should be applied.

@Seth Lipper Yes, you have the basic concept down. 

Unfortunately, although the concept works, I would only apply it on a property that cash flowed much higher than this to begin with

It’s a large open concept space, so I definitely would need the whole thing sanded and stained again to match.

@Russell Brazil is spot on @Gregory L Hobbs He definitely pointed out something that I missed and it's a great point to consider, that's the concept of being able to use a 1 Bedroom in your portfolio if the SFR and 2/3 bedroom competition is too strong where you're looking.

I am researching the concept of Inifinite banking and how it can be setup in Canada.

Remember rental property provides for four concepts.  1) Appreciation 2) Mortgage Reduction3) Tax Deductions4) Cash Flow.