- Job transfer or relocation?

I have spoken to them both about overall investment into my business but, as much as they saw the upside, didn't have the time away form their jobs to see how their money is being used and to help keep track.

Nice @Matt AndrewsNo Dodd Frank in Canada either.

I understand the upside in real estate and I also understand the treadmill of my corporate job which will not achieve what I need in the time I need it.

I have a nice chunk of capital and would like to get my feet wet with my first real estate deal.

You have a solid job it appears and use that to buy a duplex and get into investing.  

This is a 5 Story appartment complex outside downtown.First story is commercial businesses leasing out.Second story are 4 apartments all leased, I haven't seen anything but the hallway but they look very nice.3rd 4th and 5th are gutted.The whole thing is going for about $310,000I'm guessing conservatively that the current monthly income is around $4000.

And after 30 years of a $1.1M paid-off house appreciating in an up and coming town, when I decide to downsize at the age of 65 i'll fund a good chunk of my retirement, or hand off a nice asset to my kids.If you could hypothetically take $100,000 on a HELOC and turn it into $5,000 per month cash flow would you do that?

Welcome @Robert Wodogaza and congrats on your success.As someone who is trying to buy their 1st multifamily in Providence (Fed Hill area), how have you effectively used your time while holding down a job and home life?  

We've worked with Arno's Electric before and they did a good job for us.