If it doesn’t sell you end up at plan B playing “wait and see” anyway.

I have my rooms rented out and they play my full mortgages and then some .

really appreciate you taking the time to answer me questions.I think 2.2k is a pretty Conservative estimate but not sure if this Pandemic will play into effect.

Shared it on my FB hoping it prevents at least one of my fellow investors from making a play that will severely impact their wealth building. 

However, there is a lot more at play.

One thing to consider is that your client's lender will look at the T3 income to determine DSCR and LTV which both play a role in proceeds.

Borrowers are so spoiled with having to bring in very low amounts of money to do these deals..those with ACTUAL cash are going to clean up I think.. as the borrower with not quite the financial horsepower to play will have to sit on the sidelines for a while or they better be looking for equity partners..  

Really, all the matters is your ability to play the hand of cards that you've been dealt and are in front of you at this moment. 

I know it's on the down slide but not sure it will be that long or may be more depending on how long this COVID-19 episode plays it..

I would only let my kids play on our half and they can keep their dogs on their half.