Yes, there are a lot of transient oil field workers and we even rented one side of this duplex to an oil company for many years.  

Hire a property management company who will manage it for you.

You just want to make sure your paperwork is solid. we went with a company that specializes in writing them called creative tc. https://creativetc.io/

He may be actually speaking about a "Wrap".Find out if actual ownership converts to youMake sure you have a title reportYou may want to pay for an appraisal and an inspectionMake sure you use an escrow company or an attorney to do the transaction Hi Ken!

@Jaycee Greene I wouldn't have the funds for the down payment. 

We have seen a lot more of our investors selling their rentals than ever before in our 5 years as a company due to increasing costs across the board. 

Technically, you can't buy a (mortgage) loan interest rate below the federal funds rate right ? 

There is a catch - the couple wants to 1031 the funds into their sons next larger project which is TBD.

If I'm not mistaken, you'll need to setup your RRSP with Trust holding company such as Olympia Trust or Canadian Western Trust, etc. 

Worst company ever.