Any thoughts if this is a good plan?

@Matthew Miller we should plan to attend

Going solo may offer potentially lower costs and more control but brings challenges like time-consuming coordination, potential delays, and warranty complexities.

Hello Investors,I am a carpenter working full time in Toronto I have set my goals high to become a successful real estate investor and am willing to put in all the work it takes to get there.I have spent the last few years learning and planning it out and I would like to take action this year and buy my first property.

@Tim GeorgeIt's all going to depend on what you plan on building.

In addition I will not raise the rent this year.Do you think this is a good plan? 

The original plan was to split the home and do a dual rental where one portion would be an Airbnb and the other a regular LTR, but after completing the rehab we decided to have it fully as an LTR.

I have a 9 to 5 which I plan on keeping, so all money earned from cash flow will be reinvested and saved to be used on the next property.

The original plan was to split the home and do a dual rental where one portion would be an Airbnb and the other a regular LTR, but after completing the rehab we decided to have it fully as an LTR.

Try looking into zillow/Redfin and see what your potential rents you can get near the neighborhood by filtering the bedrooms/bathrooms of the intentional property that you are planning to buy.