Some other alternatives that may exist in your climate would be furring the exterior shell out, Adding a continuous Rockwool insulation shell, and then creating another layer of exterior siding.

No pet deposit but a clause to acknowledge any new damage caused by pet would be paid for by Tenant, like any other leasee, must clean up common areas of pet fur and usual pet clauses. 

@Jung Kim, I am having a bit of trouble following the logic here, but I there there are some misalignment of analysis.First of all your analysis isn't adding in the $100k initial equity in the deal.  

Originally posted by @Kevin Jung:@Joe Villeneuve Thanks for the reply!

@Joe Jung the advise from Greg Scott is pretty on point.

Not homeowners insurance which is designed for owner occupied properties and include other lines of coverage like personal contents and jewelry watches furs etc.

Hi @Saemi Jung, great questions!

@Jameson Schwab - Check out Terry Redmon for CPA and Cheri Hill fur business entity formation. 

Capital gains in furs it's an investment and investment in real estate terms means rental...Is by land build a house rent for over 12 months gets you long term capital gains.

Currently have no children except for the one 4 legged fur child.