Her rent is WAY below market value- they pay 1300 for a 3 bed- heat included.

But...I ran a client-based business for 25 years and when I ask myself if I really want to do that again—all the business set-up, marketing, value propositions, proposals—just to get some of the joy of property management, the answer is no.The idea of going into debt to buy more properties is very scary,  especially at today's interest rates, but maybe I should look more into how to make that happen in a way that would work for us since it'[s what I'm really interested in.Sorry for the off-topic take!

It's a more involved strategy, where you purchase properties that need work, renovate them to boost their value, rent them out, then refinance at their new, higher value.

As property values appreciate and rental income increases over time, you'll continue to build equity and wealth.Overall, renovating and renting out a basement as part of a house hacking strategy can be a smart way to leverage your home to build wealth and achieve financial freedom.

You work for a period of time, you sell the house, you get a chunk of money, and then you are done.A long-term rental will bring money for the rest of your life and continue to grow in value. 

Also, can having CMHA tenants decrease the value of a property in any way?

Personally I’d offer to terminate the lease early and get them to move out so I could re-rent ASAP to new tenants at market value.

conventional How did you add value to the deal?

conventional loan with 20% from private money lender How did you add value to the deal?

Study your competitions, see how you can offer more values to your guests.