If I keep the house in my name and use it as a rental, would I need to do anything other than notify the lender and adjust my homeowners insurance to reflect the house is a rental? 

This helps you identify which factors drive the best returns and make confident, informed decisions.It’s also important to test your numbers with scenarios like higher vacancies, unexpected expenses, interest rate changes, or rent adjustments over the years.

The down payment is based off the total adjusted acquisition cost – the purchase price plus the cost of renovations.

Meaning, automatically turn on power when a tenant leaves...Or, is this to difficult with multiple power options.

You’ll have to adjust my US numbers to figure out how it works in Canada.

Your estate could still go through probate to determine how the LLC and other assets are distributed.You may be able to record a "transfer on death" deed for your property so it automatically transfers to another person when you die.

Here are my steps: 1) Check market rent.2) Adjust current rent based on market rent.

But if you risk adjust the returns it is a poor investment.  

High occupancy rates can indicate a profitable rental market.Seasonality: Analyze seasonal trends to understand peak times and adjust your pricing strategy accordingly.3.

You haven't seen it, but you know automatically that that you can increase the rent by $25K a year?