HOA dues can wipe out and even make a condo/townhome a negative CF deal.

Two days ago, a different cousin and I got to talking about education and college, and I brought up Rich Dad Poor Dad, which I only read less than a week ago. 

The cool thing about this one is the rents from 3/4 units actually the building cashflow positive so our monthly holding costs were negative which is HUGE when doing a flip.

Estimated income based on our 11 current miners is roughly $5,000+ per month whether we book a single site or not. 7) Our first 18 Glampsites will be fully paid for out of pocket and the land only costs $1700 per month, which I only owe $149k more on.

If doing this on a rental property the increase in mortgage might make me negative cash flow due to the rental income not covering the mortgage.... so how can you build wealth or make a profit by using this method of buying houses with equity on your existing properties?

I only have one property but would love to help out any way I could.

The group is a general go to for anyone who has had a negative experience with shady contractors in the area.

Negative beliefs drag us into negative cycles.

The question I had was if I only withdraw my contributions for a down payment on a house will there be any cons of doing that?

My main concern is that the market in Calgary hasn't been very stable, and appreciation is not quite linear and I would hate to find myself in a situation where I end up with a negative cash flow on a property.