The lender had their own unique requirements. 

The interior is decent and also requires updating .

I personally wouldnt - I am sure you could use the equity to get more than $600/month in cash flow however that would possibly require some work and risk on yalls end.

Hi Grace, I have an amazing DSCR lender that has no seasoning period requirement and an amazing property manager (both a lot of my clients and myself have used!).

Will require me to cancel a booking or two in order to do this.

Instead, it reduces the seller's net sale proceeds, which may impact the amount required to be reinvested to fully defer capital gains taxes.For the buyer, the credit lowers the property’s basis rather than being deductible as a repair expense.

I also really like looking at a giant balance in a bank or brokerage account.

It sounds like you've done a lot of the preparation work required to hit the ground running. 

I also require additional security deposit and sometimes a guarantor if they were approved in this manner.I also agree that this situation sounds like a pattern not a one-time mistake or short term tough situation that caused this.  

I have struggled with the tenancy laws in Ontario (apart from cash flow issues) and hoping to diversify into a market where the laws are more balanced.