We've all been asked, "how's the market?"

Nothing is owed on the inherited property.My question is, with the costs of building new still relatively high, would it be better to subdivide and build on the current property or use the equity of the inherited property to buy another separate income property?

Great Post-  I appreciate you saying what a lot of the Gurus fail to explain: that this is a long term process and in a lot of cases we don't see the benefits for years to come. 

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

Quote from @Gabriel Santin: You can get an approval from the HML and get that to show the agent..

If you’re west of 315 then not so much in the near future. 

The idea behind a cash offer is that well, you have the cash.

Quote from @Taylor Davila: What is the average cost of converting a single family home into a duplex? 

There are thousands of time shares for sale on the net and vacations can be had for pennies on the dollar.I think we sold his time share on a web site selling them for about $20.

Best of luck on the journey!