Account ClosedNow, that's more information with which to work.Given your personal objectives, finding a property (perhaps West Van, or North Vancouver) that is a little tired, but one in which you would be comfortable, and using it as a piggy-bank - one that hopefully appreciates - for a few years is a sound strategy.... unless relocation from Vancouver is an option.

Its common in units with children and sometimes even with heavy footed adults..To show a ground floor only unit to someone with kids is called steering,,  if you have several apartments open you can't limit the upper levels to people without kids.. it makes sense but.. not legal..your more than likely to have this issue with the next tenant also that moves in..You could mention to upper level tenant you have main floor coming open if she'd want to transfer but even if you rent to people with kids in that same unit in the future they might object to the upper peoples kids noise, which could be basically normal just not easy to deal with..how many bedrooms is it.. sometimes it's better to limit number of occupants to each apartment.. to keep number of occupants at a minimum.. if they are 2 bedroom units.. you could just say 2 people,, legally you'd be able to rent to 4 persons,, but you can set the number of people as long as you stay consistent.. so all your 2 br units would be maximum of 2 people.. limited noise, limited people and you think it would limit the market for you but honestly If I knew moving in the whole house could only have 2 people per unit I'd be in love.. 

Depending on your long term financing objectives you could also think about HELOC which is a cheap ready source of cash but won't let you borrow as much and will have variable but cheap rates, or collateral based loan which may have higher rates and short terms.  

I see that you have time to make the objection - that's good.Do you really need to buy 2 different properties at the same (or close) time?

Would lenders possibly object?

Do your tenants object?

Ugh...sorry about that.What could they possibly have to object to the the TAR contract?

In fact, if CF is the primary objective with disregard to equity retention or appreciation, this style of investing may be the most lucrative.As to why several houses are safer than one – Multiple Revenue Streams.

In aggregate one could argue the effects are positive (and for which it's likely on objective answer really exists - it kind of depends on your political and social philosophy), but at the micro level you get a lot of the winners and losers, and where your position as a winner or loser is dictated more by specific sets of circumstances rather than your "role" as say a property owner, landlord, tenant, forclosee, etc.If you're not paying your mortgage and you happened to have gotten it through Chase which securitized it and it's subsequently been resold multiple times and now no one can get to all the right paperwork to foreclose on you, you win!

Three other individuals have since asked me to consult with them with the object of raising capital.