That's bad.Personally, I would look for another property manager who understands the importance of communication.

They get a higher return since they are covering housing cost, have the $250k per spouse primary residence deduction in gains, is a savings account, higher leverage position, lower interest rate possible, will pay more premium for location, etc.House might be overpriced for REITs but not for home owners.  

Be careful when you select entity types.A pass-through entity in the United States, such as an LLC, may not hold the same characteristics in Canada.What market are you looking to invest in?

Sounding redundant here, but if you are ever in the Conroe area, there's a meetup every third Thursday of the month.

Definitely some great advice in this thread! 

Quote from @Theresa Harris: For late payments, how late are they? 

However if you are self managing, that is work. 

I'm not saying it isn't challenging or hard work because it definitely is. 

My question is, who gave you that first chance?

But the only way to have a definitive answer and avoid "likely" and "possibly" is to analyze your plan with your own CPA and find ways to boost your hours.