You have to watch out for properties that hit 1% or higher, but have cap ex and tenant issues.

We have become good at it, by simply issue a 3 day letter to pay rent or quit.

If the house doesn't pass the occupancy inspection before closing, the municipality can usually issue a temporary occupancy permit.

@Stuart Udis I understand the importance of having the funds for repairs, vecancy and any issue that may happen.

Yes, we can provide a digital issue but we are not allowed to past links here, sorry.

Another one was seller-financed for a few years before refinancing into a conventional loan around 2018, again no issues until this year.

That means there is not really an effect on the debt to income ratio neither positive (income) or negative (loss) but rather simply making that payment  non issue. 

I have struggled with the tenancy laws in Ontario (apart from cash flow issues) and hoping to diversify into a market where the laws are more balanced. 

I think communication seems to be the issue here especially with your comment on how the PM is unresponsive.

We also require that we be added to the contractor's insurance as Additionally Insured, so we're covered if they cause damage or liability issue.3) If the property is occupied:- One of our people MUST accompany their person (and we charge for this). --- We were sued many years ago, along with the owner, because tenant claimed owner's contractor sexually assaulted them!