If you are getting a loan no there is no way to protect yourself from crushing your credit or having a foreclosure against you if you are the borrower. 

Mortgages are the last thing to default for a homeowner and appreciation has been so high in Canada that every homeowner who has purchased before 2022 has gained equity and could just refinance their loan over a longer amortization before defaulting.

It’s their home.

Hey Keith,I’m based in Portland but own a ten-bed Residential Assisted Living (RAL) home in Tucson.

-If you have a single family home with a guest unit, you are likely going to sell at a higher price to an end user.

Quote from @Steven Cornell: I'm currently researching the prospect of short term rental markets relatively close to home which is Saratoga County NY. 

Quote from @Horacio Renteria: I became an accidental land lord after a divorce in 2020 (bought ex out for equity) then purchased a second home as primary in 2020 for 2.85% interest and has increased in equity 115%.

Purchase price: $240,000 Cash invested: $60,000 purchased this distressed duplex using owner financing for $240K and a $60K hard money loan for renovations.

Conventional loan with a 20% down payment.

Let's assume your expenses (mortgage, taxes, insurance, maintenance, vacancy, etc.) comes to a clean $600 and the property rents for $1,000.