Hate to echo all the wise responses above, but it does sound like you're setting yourself up to be a potential distressed foreclosure statistic the next time prices start dropping or your good neighbourhood goes bad (and thinking it can't happen is not being optimistic, it's pure gambling).Keep renting until you can afford better, or even keep renting period, and invest in real investments, as opposed to the home you want to be living in - you can rent that home easily enough, with no big dramas occurring if you're suddenly stressed for cash for whatever reason, and have to downscale - you simply move to a smaller place in that case.The criteria for the home you want to live in and the good investment you want to purchase are completely different - often contradictory.

Therefore, I am uncertain as to how much I can profit, and therefore, I am on hold.I would say that if you already had Portfolio of buildings like mine which had properties acquired decades ago and had already captured a large amount of Appreciation where the Price may move down a bit, then it's worth keeping for the Gamble that the future politics may not touch 2 to 4 Family Buildings.So for me personally, I am keeping the portfolio but am not expanding it.What I will expand, however, is my Property Management business should the future regulate my buildings!

May I ask how long it took to establish a great team? 

This is a 1 bedroom condo that does not make sense to rent out.Purchase price: 390kRehab:  30kCurrent value: 485kWhen I say 485k, I mean that if I put it on the market for that price today then it would have 10 offers for that price within a day.So the main question is:Do I sell it now and pay the higher taxes on the sale, or do I gamble with waiting till October to avoid paying capital gains taxes?

The board is very relaxed and I was fortunate to establish a very good relationship with the president of the board during my due diligence period.

It takes a good ten years to establish yourself and then another ten years to build an amazing company.

adding walls and establish rules and chores to the tenants.

The added benefit of this process is that you can also have your attorney sign the public records as "Nominee Trustee" before assigning yourself as the "Trustee" once the Trust has been established.

Doesn’t mean there won’t be any, but seems like the political establishment wants to keep people in their homes.

We're open to establishing a relationship with another agent who has a specialty and uses private listings but we won't place offers on MLS deals with that agent.3.