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

The average company only survives for ten years, while even large companies typically last just 18 years.

I spoke with the title company who is still helping us wrap up the set-up of a servicing company, and she confirmed that they would be responsible for the principal / interest for Nov and Dec, while we are responsible for the escrow shortage balance (as agreed upon).Not sure how it was missed - not my favorite title company to work with.

I currently do Business Development for our property management company and work with all of the new owners and properties.

To the insurance company they will view an STR differently than a LTR.  

Hello all, Has anyone either used or heard about a company called HouseCashin or Real Estate Bees?

For property management, choose a company with a good track record in STRs and transparent fees.Happy to connect with anyone looking to share insights!

I am currently living out of state so I have hired a property management company to handle this task, however, my home is still sitting vacant with very few prospective tenants.

The company was FANTASTIC. 

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.