@Alana Nevares - no need to update if the panels are safe and the service is still adequate.

So any pre-approval done with rents factored in will have to be hypothetical in nature.

I'm simply saying without adequate reserves and a 1.5% minimum monthly payment, a setback or two, something unforseen, could get you in trouble.

Naturally, the prices of products and services will go up, so wages I imagine will have to coincide with that. 

However, you may be able to do what you're thinking depending on the nature of the LLC.You can change the deed on a property but you cannot change the taxpayer. 

harder to do than most people realize.. since your in E Wen  maybe Winnemucca would be a good under the radar place that has none of the natural disasters you mention.. maybe just a tiny bit of snow .. and you could drive there in a long day.. on cool back country roads.. 

Naturally I sat down with my family and explained these options and they are comfortable with anything that I choose. 

I want to begin with investments that are more passive in nature and then move on to more hands-on investing.

Hard to say what the real estate market around here will do right now, so it's hard to estimate how much money I will have to spend.I think Penticton is a great investment area as it is a popular and quickly growing retirement area for Canadians as well the surronding area has a strong tourism, wine, and natural resources industries. 

To say, will reducing regulatory overhead really drive down the cost of new construction so much that private owners will be able to make adequate returns while charging affordable rents?