You still may have negative cashflow, but it may be smaller, so is addressed by rising rents sooner.As a professional in the Build-4-Rent space, let me make some corrections here. 

With its own exterior entrance, soundproofing, and hotel-like amenities, guests have a comfortable space without ever entering our living area.

The lower level is being built out to house the third location of Arbol Eatery, a grab-and-go restaurant, along with a wellness center and event space.

We also have our main subcontractor and our driveway guy that would like to rent some space for their vehicles and materials as well. 

Some are basically renting out bed space and require tenants to sign an agreement to stay clean, and be tested upon request, with failing the test potentially leading to immediate eviction.

Don't forget to factor in an additional parking space for Brampton, and furnace dampers (most municipalities won't require either of these so it's I'd say mostly a Brampton specific thing).I think one reason rents are/were so high is the amount of students.

Navigating zoning regulations is critical when converting a property, especially when transitioning from a commercial space to residential use.

Being a bit newer in the space will come with some challenges there but it's possible for sure. 

The only window is leading to an enclosed space.

Hi all,New to the world of real estate investing, looking to find long term rentals and maybe something in the storage space realm as well.