housingrental: I definitely hear what you are saying. The cash flow on equity is a little skewed as only 2 of the properties are responsible for it. The third property, which I initially purchased for myself, is basically break even. It's hard to sell the properties in Fort McMurray, as they...

Well, I'm currently in the process of switching jobs/careers. I will be working, but future income is highly uncertain at this point. Thanks for all the replies in this thread so far, they're really helping me to think things through.

I'm hoping, naively maybe, that I'll be able to secure funding for future deals based on the merits of the deal itself. I'll take care of my own personal costs as I need to.

All 3 properties are in Alberta ( 2 Fort McMurray / 1 Edmonton ), and yes they do all have mortgages. As for high risk territory, I'm not quite sure I understand. At 29 retirement is a ways off and I can always work if forced to. I have enough liquid reserves for any emergencies / vacancies /...

So hanging onto all 3 is pretty unrealistic? Forgot to mention I currently have a $40k heloc available from one of the properties. - Adam

Hello! I am interested in investing in multi-family real estate in the next 6-12 months and am wondering if I can do that without selling any of my current properties. Goal: Multi-family (6 units+)with a purchase price of $600,000 - $1,200,000 No selling of current real estate...