We are thinking of buying a triplex or quadplex near one of the hospitals and attempting to rent out two units as long terms and having the third and/or fourth be short term rentals for about a month for students on rotations there (this is subject to change depending on where I can get the best deal).  

For example, it may function as a HELOC for 2 years, but after 24 months, whatever is out, stays out and you pay it back like a mortgage payment. 

Designers offer unique perspectives for home buyers; they don’t let cosmetic issues overshadow the things you can’t easily change like the bones, functionality and location,”.

Or buy solid operational functioning properties and let time inflation and population growth win the day?

The best one, in my opinion, happens Monday night at 6 o'clock and the location rotates each week.

Functions like scheduling such things, via phone is just antiquated and not time efficient for anyone, not to mention lack of documentation. 

My partner and I have house in Kamloops that is functioning as a student rental.

It is NOT written for rentals and I have to do work-arounds to make it even come close to functioning for me.

.$500,000 equity therefore might produce $30,000 a year $2,500 a month cash flow.You can do the same with passive multifamily syndication investments.I focus more on total return over the hold period.Build equity now - cash flow is primarily a function of equity.

If you can take on at least 1 or hopefully 2 or more of these functions you may turn a profit if all goes according to plan.