Obviously live-in flips aren't for everyone but it's a great way to turn your liability into an income-producing asset.

Most expense tracking apps will produce such reports for you.10.

I always caution my clients not to buy based on the appreciation, but instead, base your return off of the income that the asset produces for you I.E the CASHFLOW and principle paydown ROI %.  

Hi @Gabriel Bures, We recently produced a deep dive video for doing a rental analysis.

As such I have a duty to professionally manage my buildings so that they not only appreciate by their location, but also by the income they produce.I know you both to be very active and savvy on the boards and I am sure that carries over to your businesses.For me, I know the work and stress that my purchase, repositioning and managing has produced and it will continue.

@Carl Flint  These properties are NOT producing $200 or even $100 cash flow when I run the numbers. 

Restage and get actively producing income to resale How did you find this deal and how did you negotiate it?

If you were ok with living there and paying a couple of hundred dollars a month, that might be better than paying $1000 in rent every month or paying an entire mortgage yourself.Ideally you would always go for as much cash flow as you can, but sometimes starting with a house hack, really produces cash flow for you by helping you save more money every month.

If you find a property that while you live in it produces a -400/month cash flow you just removed 600 from your monthly expenses while paying down a house.

I ask that, because that’s a very tough market in Halifax right now, unless you are outside the city like Yuan said, however you can still find duplex’s for under $400k, which could probably produce similar returns to two single family homes.