Make most of your plays on tfsa account and then use the growth to buy rrsp in conservative index funds or utilitybank stocks . Your gains on tfsa are taken care of and there is no rule agains using the gains to defer taxes on your annual salary from the tfsa gain you put in your rrspie . Buy enough rrsp to bring down your salary to the lowest tax bracket and live on leverage . use the leverage to buy homes and rent them out to the millenials who are simply waiting for their penniless rents to die so they can inherit the reversed mortgage home they don ' t know about yet . also with a business you can write off losses on the months you don ' t rent the shit pad out on and never reduce your rent EVER . Everytime someone moves out charge $ 200 more the next time . As long as its on paper someone paid you for rent then you just collude with other landlords in the hood . This is easy you don ' t even have to talk to them its like an unwritten rule . Don ' t rent less for square footage . you go on padmapper and rent the same as the highest guy . Inexperienced landlords will catch on . Then use the earnings from that to build a few plays on the regular investment account .