First Property- Looking for analysis

[Joey Sargeant]

I just closed on my first deal and I'm looking for feedback/ advice.

I purchased a small 2 bedroom, 1 bath home in a small town of 5,000 people located an hour from big cities Ottawa and Kingston (Ontario). I purchased the property as a live in house hack. I purchased the property for 170,000 with 5% down. I have a friend ready to pay 400/month plus the internet bill. My monthly payment is 980 (mortgage, taxes, insurance) and i will have gas and water on top of that. Estimating a monthly cost of 1250. 

The property currently has a room in the basement that is unfinished and is a "workshop." Room is good size and I would like to convert it to a bedroom. This would allow me to live in that room and get another room mate in for 400 monthly. It was also make a better rental property when the time comes. 

Average rents in this town fro 2 bedroom homes are 1000+ and 3 bedrooms 1250+. 

My goal is to live in this house for 2 years while i save for my next place (hopeful multifamily) and then rent out this property. I would have purchased a multifamily of the start but i was only approved for 170,000 by my lender.

I average $5,000 a month in income as a registered nurse so the 850-950 monthly expense of the property is not a huge chunk of my income and therefore i can still save a lot for my next place. 

Looking for any advice, critique or questions that could help me. My real estate goal is to continue purchasing and get as many doors as i can, it is just difficult to find a lender because i am only a "part time" nurse and my hours are not guaranteed, however consistently $5000/month for the past 18 months and hours are a plenty. Also from what i have read and listened to, it seems it is harder to get lending in Canada as compared to the US.

Thanks in advance and look forward to hearing any thoughts