Hi @Akintunde AboabaIf you want to reduce your risk of difficult tenants, choose a province with fair landlord-tenant laws, like Alberta, and not BC.

With RentRedi you are reduced to talking to a "BOT" until an agent decides they want to chime in (still only on a chat window no phone numbers for RentRedit).

You could also add cash to your exchange account to reduce the debt replacement if you wanted. 

While automation and calculators can certainly improve efficiency and reduce human error, they can’t replace the judgment gained through repetition and real-world experience.

Helping you to shield W-2 income, making STRs a great option for high-income earners looking for ways to reduce their tax burden.2.

Labor is much cheaper than other parts of the US.

The vacation side is more of a business and requires a lot more work but the affordable housing side is less labor intensive. 

You can likely see where a 5% reduction in your taxes isn't going to do much to reduce your bill. 

Its great that the seller is will to carry a note in a seller 2nd as well, that will help reduce your require monthly payment with the right lenders.

If the market rents do not cover the mortgage, you may do a no ratio DSCR for a higher rate/reduced LTV  Which most likely the 1007 will be nowhere near the revenue generated by a PadSplit operation.