Why only those two provinces? 

Look at other areas (or provinces) and the rules are for foreign ownership (if your wife's name will be on it). 

Local lawyer may be helpful, but if it's within the same province then any lawyer should be fine, as you'd be getting title insurance anyway so most lawyers don't do all the searches they once use to.Just gotta make sure lawyer gets all utilities transferred/cleared.

So if 1 proxy vote = 3 votes, then that is how it is counted.I'm not in the US, but I know the government in one province where I have rentals has rules that stratas/HOAs have to follow and someone they can be reported to.

@Roy N do you think its a temporary boom market because of province recent changes in immigration program i am planning to buy a student rental property but I am still confused and double minded that if I have to spend 300k on a house i should be better off going to places like Windsor Ontario or somewhere in Ontario whats your take on this.please thanks for your response.

I'm in Canada and the province where I have most of my rentals has a standard lease that we need to use. 

Applying the facts of your case to an asset protection plan is the province of practice of law, and anyone giving you such advice ought to be a licensed attorney in your jurisdiction.

What province are you in?

Hi Himanshu, I am a local realtor that works with both local and out of province investors.

Hey Dayyan,I have some experience with this as I have invested in 2 different provinces so far in my investing career while doing it all from a distance.