Today, I am far less confident of on-going near-term property appreciation that far exceeds the inflation rate.  

Given current market conditions, plus ongoing rate hikes (and speculated future hikes), what would you do with 200k in Toronto?  

I just purchased a two bedroom town house with 6 kids and 2 adults living there.. it cash flows well as it is so I don’t plan on going through the eviction process but I have experienced similar feelings.

Angela:Congrats on going farther than 95% of the general public in your financial education.  

the reality lies in the quality of the new investment, the ongoing expense of the old investment, the prognosis for the market, the old investment, and the new investment, the specifics of the new loan and the multitude of x factors. 

I now work with a well known multifamily developer, and training and education is always ongoing, and I am supported my many chains of command.

I was planning on going to that next month. 

One of the tenants in there has been in there for 19 years, and he doesn’t plan on going anywhere unless he’s forced to by death or eviction.

If you are not comfortable with these issues, go to a lawyer (preferably an RE lawyer in the market) for a consultation / review of the contract. 1 hour of their time may save you a lot of aggravation / headaches.PM's know that client come and clients go so while they are never happy to lose a client, their reputation also matter.Also, if you have 'made' the decision to switch PM and have another one lined up, get them on going ASAP.

@Vera Herlihy, since this is your first, I'd start simple.What I did when I first started was have an ongoing excel spreadsheet and manually enter costs as they're incurred.