Quote from @Audrey Scott: My professional advice is to develop a clear repayment strategy to ensure timely payments and avoid potential financial strain. 

It could also mean that you are opening the door to a lot of complaints in the future.If you do not fix it and then there is strained relations with the tenant it is the way to start a business relationship with your client.

This not only creates financial strain for landlords but also results in fewer rental units being available, exacerbating housing shortages for new tenants.Another major challenge is the backlog at the Landlord and Tenant Board (LTB).

Sure there is a very small chance that something will go wrong, but with the tightening rental laws spending a little on a proper lease is smart.

I might add a comment or two to this strain....the note business has many facets...performing vs non performing, institutional versus owner financed paper.  

That $250 water leak started as a $75 service call to tighten a connection and add new plumbers tape.

There's ways to tighten that up next time.The other option is what's known as a reverse exchange.

You should negotiate with the landlord that you don't mind taking care of small repair items such as tighten screws, drywall and paint repairs.

As interest rates increase and money supply tightens, we will see what happens with Bitcoin. 

It puts unnecessary financial strain.