They have no credit history, so you have no idea how responsible they are financially.

This book introduced me to financial concepts and made me look at money and investing in a completely different way.

A community of growth oriented, abundance mindset, go-giver individuals with a BARE MINIMUM commitment to become financially free through real estate investing.We focus on providing education and building networks to help every member solve their cash-flow freedom equation, so they can have the time-freedom needed to follow their passions, make a lasting impact and even change the world!

@Jordyn Ohs Suggest you run a financial model and assume 100% vacancy.

Was there a situation you encountered that deterred you from self managing?

Meet with financial advisers/wealth managers and see what other options other than real estate there are and how to best allocate / diversify. ie have you maxed out your TFSA?

Probably way to much for your situation but there were many good suggestions in the thread.

It wasn't called that but worked similar that if ended sooner then the 10yrs there was a financial hit for each yr not honored. 

I'll add a few more things that can have a huge financial impact: required reserves, LTC (loan to cost), application or other upfront fees, and prepayment penalties.As a fellow flipper, I think it's important to have reserves, but they shouldn't be required as part of your funding.

Obviously every situation is unique it's on you to check with your intermediary and lender to determine what price range would be realistic to start looking for deals in before it closes so you are ready to roll.