Variable rates have been very good recently, but you are gambling with the future at bit.

To put it bluntly they believe that as long as we are receiving rent we have little to complain about.Ontario landlords must screen very thoroughly and regrettably make decisions to reject applicants within the grey area bordering on discrimination to mitigate their risk primarily due to the governments anti landlord policies.

(we had to hire a welder in rural PA near the NY border - about 350 miles from home as the rear of the home was about 2 inches from the ground because of i-beam integrity loss!) 

Some things are worth gambling on, but you can't put a price on a good tenant who takes the stress off of you while you're not even in the same state, let alone the same country.Just my 2 cents.

Its a 4 bed room 3 miles over the Queens border into Long Island. 

If your SFR is on the border with an A neighborhood, you need to strive to make it more of a B neighborhood unit. 

A good PM will ensure you are at market rate and that your income and property are protected.If you prefer to risk your financial future by gambling on your own abilities, at least go to an attorney and get a state-specific lease agreement.

Most DSCR lenders are now at 75% LTV with all the recent volatility, but 80% is still doable with a few of them. 80% of $90,000 is obviously $72,000, and that's right on the border of where most DSCR lenders bottom out.

If you don't see it in person yourself, you're taking a bit of a gamble.

Its your house and your strategy so it depends on how you want to gamble, renew lease start over etc.