That said, I now have enough cash reserves to cover most major things, so I'm toying with the idea of ignoring the 25% altogether to grow quicker.

My water bills are coming in higher than I anticipated, so I'm toying with the idea of installing submeters in my units as tenants vacate and turnover.

The cashflow on the fourplex will be enough to cover the Line Of Credit payments and then some.I don’t have any vehicle or toy payments so I will be putting $1000 personal cash to paying down the LOC’s faster.After around 1.5 years the LOC’s will be at zero and ready to spend again, I’m thinking a 6plex will then be the next step.What are your thoughts or experience with this strategy in Canada?

Remember Toys R Us?

Yes, I use credit checks as a factor in deciding who to rent toYes, I've had success without themNot sure how you define poor credit, generally speaking (and not my exact guidelines) above 700 is fine, 650-700 depends on the factors, i.e. is it student loan/overall debt load or is it because of late payments in the recent past, below 650-600 will require additional rent payments upfront.  

They had two kids sleeping in the basement, one of them with carpet and clothes and toys that were saturated.I reported it to DFS and the kids were removed that day. 

Throughout the last 4 years I have been fixing and flipping dirtbikes, ATVs, boats and other toys.

As Aesop's fable about the tortoise and the hare taught millennia ago, "Slow and steady wins the race." 

I am toying with the idea of turning a one bedroom unit in a fourplex into a furnished vacation rental. 

@Chris Mason, was that our deal you're referring to? :) Yes