For me at this time in my life, that is huge. 

Don't make your life more complicated than it has to be.

It happened numerous times after that.

Alot of Memphis residence are moving into the area because of the better quality of life and opportunity opening up thats new and fresh as compared to plain ole' Memphis.

The issue for you is you (or your wife) now may have two insurance carriers fighting over who will pick up coverage (assuming your intermediary LLC has appropriate insurance) or if it does not, your property insurance carrier may try to get out of coverage because of your slick deception tactic of using an alter ego which is the last thing you would want.Just  yesterday another BP forum poster wanted advice on a similar strategy when leasing a rental cottage on the same lot as their residence.

If left unchecked, conditional love can control your life. 

As a result I’m much more concerned with a borrower showing funds for at least a reasonable down payment.A problem with a screen shot of say a buyer’s Vanguard account is that it’s so easy to use PDF tools which can alter the numbers and be virtually undetectable.  

The right advisor can help align your investments with your long-term goals and ensure all parts of your financial life work together.Since you’re in Canada, I’m not able to help directly, but I recommend starting with BiggerPockets’ search tool to find a real estate-competent advisor who may be able to serve you: BiggerPockets Advisor FinderIt’s great that you’re starting here on the BP forums, as this community tends to have good insights and referrals.

@Brody VeilleuxI've house hacked twice in Reno, NV and it's changed my life.

Snow is a fact of life for those who own higher elevation, rural properties.