In the meantime, as a few others have stated, get what you can out of the program and whatever you do get, try to implement the knowledge into your future strategies.

I do not wish to continue running the type of medical business that's currently in place and instead wish to implement and build my own business and rent out the facility to my own colleagues.

You need a mastermind team to help you think, focus, and implement your plan, and you need accountability partners.

I generally suggest having a financing expert implement a rolling rate hold strategy for you as well.

Both of these policies were implemented due to Covid, but they have been pretty successful, especially with weekend move-ins.

We plan to implement the value-add strategies below: To achieve Class A rents, we will complete a moderate cosmetic renovation with a focus on the kitchen and bathrooms (based on our competitive set research).To increase and diversify revenue, we will convert the lower level to an individual unit with a dedicated entrance that can be leased separately.To lower ongoing operating expenses, we will install a more efficient HVAC system, and upgrade the building envelope.”Team/Management – a clear understanding of who holds ultimate accountability for each portion of the SOW is a must-have ingredient for a well-executed project.

Who knows what will happen but the prices are still very high and governments seem to be implementing tax policies that are providing further headwinds.Given a desire to focus on real estate, maybe a REIT would be an easy way to invest in real estate without risking it on Toronto.  

Or am I over over analyzing.I do not think it's wise to invest in two properties at the same time *if this is your first time implementing the BRRRR strategy*.

I was wondering if anyone had any suggestions on how to maybe try to implement a more equitable and consistent way of charging rent money per time of occupancy.

But if you have more at risk, then you want to start implementing more of these pillars.This isn't legal advice, just my opinion as a real estate investor.