to instituting bans or restrictions (no smoking, no short term rentals, no rentals at all, etc.) that impact your ability to rent effectively.2) The pandemic is seeing a net out-migration from City centres; there will be a glut of condos on the market soon and a potential value correction3) There is rarely an opportunity to value add to the property 4) Ontario, as a whole, can be challenging due to a skewed landlord / tenant board that heavily favours the tenant. 

With that being said my lender told me I would need 2 mortgages.The list price is 550kThe current rents are 4500 a month (using 1% rule, worth 450k)If I got average market rent for each unit it would be 5800 a month in rent (using 1% rule, worth 580k)All that being said I know with the eviction ban some rent is better than no rent.

Why isn’t anyone trying to ban those companies?

He has been legally banned from doing any business in California because of a illegal action on his behalf.

Some states have banned wholesaling and many more are considering it.

As a new investor you are at serious risk of being taken advantage of and with the eviction ban its a recipe for disaster. 

No telling where we are going with ESA animals, but the airlines just came out yesterday banning ESA’s.

AZ as a state is very STR friendly from a regulation standpoint going as far as not allowing any cities to ban them. 

Indoor smoking of any kind is banned in my rentals, but nobody really seems to care much about outdoor smoking.

There have been a number of local governments with pitbull bans for instance, that have gotten the smack down on pitbull service animals.