Honestly I have been saving to get into realestate as well but Vancoucver prices are through the roof.

Frankly, I can't even quite understand what he's doing walking around right now - the only place he should be renting is a rack in the local prison.

The 100k is based on the tax collectors @John @John Underwood yes, my wind policy does have rental loss coverage, but they immediately denied me because I had a roof exclusion due to it being a flat roof and the damage was mainly done by flood. 

The DADU unit will be new construction and the current single family is newly repaired, new roof, updated plumbing, kitchen and bathroom.

My wife and I own and operate a construction company; new construction, remodeling, and roofing. 

I see lots of problems in the future when the new owners have to replace a roof or siding in the future and haven't saved the funds in a reserve account.

If the roof is messed up and the house is worth only 200k it’s gonna be hard to buy unless you get it for dirty cheap.

And then use somebody with license for the roof, electricity etc 

@Pavel Ushakov - It's a single unit inside a larger building, so the HOA (snow removal, roof, elevator, etc.) isn't going to change based on how many tenants I have in the space.

1950 Single Family House 2br/1ba (there is an extra akwar room that i will make into another bdrm (see pictures)the square footage says 1384, however I believe its a little more because of a laundry room add-on about 10'X8'A new roof is a MUST but there isn't any leaks yet, just a lot of visible patches.