Just make sure you set enough aside for capex, vacancies, unexpected insurance increase, taxes, tax professionals, and local considerations (excessive heat? 

Tax structure considerations for Canadians and US foreigners in general can be quite confusing.

STR regulations are a big consideration before you make any big capital improvements specifically for short term stays, also running your numbers and making sure that your area offers consistent returns above what you'd get renting it long-term.

(I would recommend strongly against giving her a reason.)As far as ethics, I would say it's MORE ethical to give her the boot, out of consideration for your other tenants and the neighborhood at large.

I do agree about adding that second bathroom, that's a huge consideration when folks are touring places. 

Cities that require each:Soils reports ($6-7K for report & required work): Carlsbad, Chula Vista, Encinitas, La Mesa, National City, San Marcos, VistaStorm water management ($5-7K): Del Mar, Encinitas, VistaBuilding Verification Survey ($3-8K): Del Mar, Oceanside, San MarcosUtility upgrades are also a very important consideration, and City of SD in particular is enforcing more requirements than they have in the past, e.g. water fixture counts and requiring ROW work to upgrade.

Higher end home buyers are usually more rate and market sensitive.I see you're down in Texas, so if that is your market, weather plays less of a factor consideration as it does for us up north (no one likes to move in the winter unless they have to and things slow down considerably).  

Hey Thang,I don't have experience with 55+ commiunities, so take this with a grain of salt, I'm brain dumping.Is the rent increase the only thing you're looking at in your consideration?

If you are investing in flips make sure the scope of work you come up with during your inspection period prior to closing is taking into consideration town building codes.

I will definitely take it into consideration.