I went to school and graduated at UWO couple years back.

@Merv D. if you'd like another set of eyes and possibly a couple of exit strategy options, I'd be happy to help your dad. 

Partial sales over a couple of years may be another approach. 

If you guys can give me a concrete example through running a couple of numbers that would be great ( I manage to understand only through numbers 😅).Thank you in advance. 

I had a couple properties like that and I sold, just to avoid the constant calls and repairs.

I've been a "lurker" on the site for a couple years now, but have recently started to get serious about my REI education and am interested in buying a SFH rental to start out with.

My wife and I are recently married and have jumped head first into the real estate world. 

If you are going to refinance (buy a loan), then you may well consider keeping the condo for a couple of years for long term vs short term capital gains.

I have been working with the agent for a couple months, and he seems like an upright guy, but he told me today that as a representative to both parties, he doesn't have a fiduciary responsibility to either party.

@Eric Adobo totally meant to mention that, 30k a year. 50-60 in a couple years when I graduate school