While I’ve completed six transactions, I now primarily use my license for referrals rather than active practice.

Tax structures and mortgage regulations might also shift as canada mortgages are very different.What do you think would happen? 

It's worth mentioning the STR regulations are relatively new, and I think some properties currently operating are basically grand-fathered with the old permit, and I don't know if being a new owner one'd be able to get a new permit if it's not in the designated location.

Do you know what you are doing based on actual practical hands on experience?

This is a complicated situation with multiple layers to consider, so here’s my take based on your questions:If you’re looking to move assets from the partnership into individual LP (Limited Partner) names while avoiding capital gains, you’ll need a strategy that complies with tax regulations.

He has a book and good, practical advice.2. 

I know there are a variety of screening practices used by landlords and property management companies.

High LTV purchased at retail (off mls) has large initial negative cash flow- regulations are tenant friendly.  

Depending on local regulations, you can mix up STR/MTR/LTR. 2) Get systems in place in those exact cities; 2 PMs preferably via NARPM, 2 high quality inspectors, and rotating book of handyman, 1 lawyer, and a credit union contact for leverage along with investor friendly nationwide lenders.

Additionally, make sure you’re familiar with local property laws and any regulations that could impact your investment.I agree with @Jason Wray that you can easily find a cash flowing deal under 200k.