4) What are the monthly expenses?

Only considering because we could sell both tax-free being primaries 2 of last 5 years, and expenses are going up on both, and we may be able to get better returns elsewhere.

I would plan to sell this property when the tenant is no longer ready to renew.

If you plan to hire that out then it falls on the PM company.

The investment plan can be tailored to your risk profile. 

As you may well know you need the down payment, net worth equal to loan amount and cash for monthly expenses for generally 9-12 months. 

@Sonal Chopra what a great question, thank you for asking this to this community.Long-term goal would be the same goal my wife and I have today; Build, passive on going revenue streams that exceed our current and future expenses with the ultimate goal of giving away 80% of what we make to charities and causes we want to support.

Right now I am busy with a transaction, but plan on moving forward in reviewing them in the future. good luck

HI Stephanie,You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

I was planning on assigning this to an end buyer that I have lined up.