The inclusion of the rehab estimate section was just to give an example of how to generate the values for Cells C13 and C14 of the analysis, and the information in the rehab estimate portion of the spreadsheet can be completely ignored. 

The issue that people keep ignoring is our uncontrolled spending and debt.

That's an ignorant thing to assume and your comment about what I might do going forward is idiotic. 

Just ignoring it.  

However, this comes with the caveat that you and your husband are prepared to cover any potential increases in mortgage payments after the renewal, especially if the new rate is significantly higher than the current 3.5%, which I ignore since I am not versed in the mortgage system in Canada (although it does sound a bit like an adjustable rate mortgage from what you described).Before making a decision, I recommend speaking with a financial advisor or a mortgage broker to explore your refinancing options and get a sense of what rates you might be looking at come June.

The periodic property checks did not work in this case since the tenant decided to ignore the need to do the yard work.

The prevailing brokerage model is to identify your 10% that may be "pay-checks", ignore the other 90%, and milk-milk-milk.

A lot of people bury their head in the sand as they would rather ignore what's coming and pretend everything is fine VS prepare for it.

You can ignore capex for a while, but the financial liability just keeps quietly getting bigger.

The fines are real (we had a Client on the brokerage end that accumulated $20k in fines, all of which were attached to the property and came out of her net proceeds at time of sale), do not ignore themI think the most important item is to hire an attorney to get moving on the eviction