@Michael Gravallese, so it is really dependent on the jurisdictions overlay maps?

It depends on our own dispositions.While hunting for deals online,i stumbled upon a great opportunity.

@Sean Wilt  The answer to your question, it is high dependent on the city rules regarding STR's.

It all depends on the relationship.

So it depends how you structure your LLC.  

Thus, we were a little over all-in.going forward everything depends on how many tubs end up needing to be re-surfaced.

Depends on the level of the rental but scratch and dent/ reconditioned are usually the best way to go in my opinion. 

Just my opinion, but I'd have to say it might depend on the size of the "smaller bedroom".Is it bathroom-sized?

@Jeffrey L EvansIf you are purchasing property in Canada and financing it in Canada - particularly residential property - the calculator referenced above will be inaccurate as interest will be calculated differently (depending upon the financing).Amortization is the period over which the financing spread - that concept remains the same.  

Depending on how you start you need to put down 3% to 20% of the purchase price.