@Nicole Heasley  It’s nearly impossible for me to invest in my area as I’m in NJ.

I had helped this client snag a killer deal semi-off-market 6 months before.As happens in life, the tides turned and that client wanted to take their equity out and put it into a different vehicle, so he came to me, now the property manager, and sheepishly asked, "Will, would you hate me if I told you I wanted to sell it."

I own my business and our revenue swings pretty insanely from year to year making conventional financing impossible.

I don't think they are collecting "rent" for it, but there is no way I can be sure.I do have clauses in my lease for:(1) No subletting, assignment of the lease or short term rental without Landlord's written permission.(2) Vehicle parking allocation shall not exceed one vehicle per bedroom.(3) Occasional overnight guests are permitted.

cant say impossible but as stated above highly improbable but you wont know till you attend and be ready to bid your max bid.  

It has parking for 60 vehicles, a diesel generator, a mix of small and large offices, a large meeting room, and a large kitchen.

Hi @Casey MaedaOriginally, this is where I wanted to invest, but I can’t find properties that make since in term of passive rental incomeBesides, the prices for units are really hi, and I’ve been away from Montreal for the past 20 years, and I don’t have income over there, so going for loans and mortgages, is going to be challenging But I have a commercial property in Egypt that I’m selling and planning on taking the cash to Canada What made me go or think of New Brunswick, is, I could buy 3-4 buildings with 2-4 units each; with that same amount, I could probably buy a unit in Montreal or even Ontario That being said, the plan is to use all the cash to buy buildings with most rental units, operate for a year, to prove income and build up credit, then go to refinancing and begin in the BRRRRing strategy In my belief, this is possible in Saint John (I could be totally wrong), but I believe to be difficult to almost impossible in MontrealBut if anyone could advise me, if my plan is correct or does it needs changes, and perhaps, if anyone from Montreal could assist, in whether what I’m saying is away from the truth Mind you, I’d love to start it in Montreal, I’ve lived there, and was managing a few units, for short term rentals, but trust me, it’s a huge headache Thanks everyone and awaiting your thoughts and advices Amr

Now that I am considering doing out of state properties I'll probably be buying more than just one so setting up some type of business vehicle might be more prudent at this point.

It's very unlikely for any investor to be involved in all those areas without REITs.With their dividends being so substantial, I prefer to hold them in a vehicle such as a Roth IRA, which provides me the option to reinvest the dividends and not pay taxes on the gains (as long as I don't make any ill-advised withdrawals).

Seeking advice and very thankful for any that comes my way.What's your opinion/experience with the investment vehicles?