That information is very useful to me as I wasn't aware they factored past living situations so much into my qualification for the FHA.  

How the financing qualifications for that 2nd property works?

Is it just state by state qualifications?

I am sure the qualifications for one to borrow in Canada are somewhat stiffer than our predilection to allow almost anyone to own a home  with all sorts of government mandates to achieve this.. and of course those back fired and darn near brought the world to its knee's  LOL.

I have pretty high qualification criteria and we will see how the quality is, but from what I can see in the inquires I expect quite good.

(Agents please feel free to promote your qualifications.)

Over the last two years of tax returns, a certain bank offered me a $130,000 pre-qualification for a Single Family Home at 5% down with PMI required for only two years.

Do I need a CAM qualification to manage my properties or to manage other peoples?

Keep your qualification standards up, don't rent to the first marginal prospect.

Buying a home in Canada is quite different from the US and while our friends from the US might have the best of intentions in helping out, down payment requirements, mortgage qualification rules, tenant laws, are all different here.There is a podcast which is run by an agent who specializes in Canada.