I won’t expire leases between the months of Oct - Feb because in my area only tenants who are being evicted (or military being transferred in) move in those months.

There is a lot of similarities between SFH investing and multifamily, but also a bunch of things that won't transfer over.

Also, would require property be transferred into LLC at or prior to closing.

Specifically if I were to borrow from a family member’s HELOC how would the actual transaction of money transfer work?

We transferred a roommate that is living in one of our Broadway property units into the main unit of this property.

I like the idea of kind doing a hybrid refi.I am refi’ing in my name then transferring to an LLC.

@John Warren I would but I need to get $$ for the rehab, I am setting up the financing this way so I can get the rehab money through the loan and also to transfer the money tax free through FHA family gift.What are others doing with the in-law units during the 12-months of FHA where owner has to live in a legal unit.

My interest has been toward Alberta somewhat just due to better cash flows, no property transfer tax and better landlord/rent bylaws.I run a business here in BC, own my primary home and would love to build a real estate portfolio to create rental income which I plan to live off of eventually. 

I am on the board and we are looking into adding water sub-metering to all the units to transfer that coast from the HOA fee to the home owners.

.- 5 year “balloon” buyer to refi to traditional mortgageThis is generous on your part but its all relative...I know folks that won't do anything but 24-months and folks that collect a full 30-yrs...totally up to you.My (seller) motives for selling: no longer want to own, want to free up cash and avoid traditional closing costs.You still close this just like any transaction...deed transfers, so in order to avoid closing costs, you need to ask the buyer to cover these...otherwise, you pay.My questions center around (if this makes sense)- Do i face any tax on the down payment in the assumed scenario above?