Also I will be keeping my job I work for the post office as a supervisor so won’t be hard for me to transfer , I’ll probably work till my time is needed more in my property.

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.