The properties that are being sold here in Winnipeg almost all sell instantly as there is just not enough supply of homes.If the Canadian economy continues to worsen and rates continue to drop house prices will actually go up.

Generally - the depreciation on the structure, mortgage interest, property taxes, repairs & maintenance, insurance, property manager, utilities, vehicle expenses (mileage), professional fees (reports/CPA), home office (office supplies, percentage of utilities, continuing education).

Valuation depends on your market = i.e. volume of STR supply and regulations. 

build, rent, refinance, repeat. different strategy but more scalable. land is a buyer's market in most cities in america with more than 6 months supply. in our market in columbus it's more than 12 months supply of land. no one is doing this strategy and you can customize your design to anything you want.

As an alternative, you could supply guests with a dog blanket to put on the the sofa.  

Licensed contractors supply materials and subsequently warranties.Also how would a flipper comply with assembly bill 968 if they supply materials? 

This chart illustrates the significant shift in housing supply over the past two decades.

I would be shocked if your tenant tried to move with an increase of 100 bucks or less, due to the fact of limited supply for similar size and type for under 1100 a month. 

This could give you more insight into their professionalism and reliability.Would you like help with crafting your questions for them or diving deeper into any of these points?

Supply and demandPlus - will you have structural things to fix?