You need to have good records that track all expenses as this will be needed for tax purposes. ie, you'll need to be able to identify repairs vs improvements so they can either be deducted from income or be depreciated.

I love reading / listening to books about business, money, real estate, and self improvement. 

When you refi at the end of a BRRRR deal, you are taking a loan as if you had purchased at that improved value.

I Invest for cash flow or for forced appreciation (improve NOI) only. 

But we can only administer the 1031 exchange for you by law.There is a way to use profits for improvements. 

Let me know if you need their info 🙂5+ definitely counts as commercial, and that’s why I went that route - because future sales price will likely be based on net income, which I can definitely improve by fixing up this 6th unit and bringing the rent gradually to market rate.

I have a rough plan to do so but would love the change to bounce it off someone and see how I can improve.

Don campbell real estate investing in Canada 2.0ThenDon Campbell 97 tips for Canadian real estate investorsThen81 financial tax tips for Canadian real estate investors by Campbell and DubeThenReal estate joint ventures - Russell westcottThen Legal tax accounting strategies - Cohen Dube Then Real estate retirement plan - Callum Ross I would recommend don’t buy anything until you’ve read the first 3 at least and don’t pay for any training until you’ve read them all (you’ll be able to spot the grifters better).

Do people really have lawns nice enough to improve a property's looks in Canada where it snows?

Arguably the process could be improved, but totally taking away protections is a mistake.