I’ve also used Home Warranty services (could write a book actually) as a hedge for C class properties I managed in the past so I empathize with the intent. 

Make sure your lease stipulates its a "shared property" and list all the rules to make sure they toe the line, garbage, one vehicle(where parked), noise, no personal items in yard, everything you can think of or choose/whatever.

I'm looking seriously at expanding my REI business include buying, fixing and flipping REO properties!

I have found a tenant that has agreed to a relatively unconventional agreement for my furnished property in a popular vacation location.

Does anyone else get daily calls from different people saying they're from Home Buyer's Inc interested in purchasing your property? 

It sounds like you are taking all the risk and they are doing what a normal property management company would do.

However, it won’t generate rental income like a duplex or multi-family property.

We have seen Brampton become a popular city for duplex properties as many of them have basement with separate entrances.

Property near Hopsital in great area! 

PadSplit is a way to drastically change the cash flow of a property, even if you do not modify the home with additional bedrooms.