It's a great opportunity for my family to have some additional income down the road.But man, it is tough telling a young family with 3 kids that aren't going to be allowed to rent the house due to prior collections owed to landlords and vehicle companies. 

Some allow a member that holds at least 25% of the entity to be a guarantor and they will be the only one with their credit pulled, while other want majority ownership to guarantee the loan, so in that case it would be both of you.

I'm not a fan of expanding government power in some nebulous hope it will allow my properties to keep cashflowing.

However, the community this is located in is unable to allow short term rentals, so it will continue to be a buy and hold property for long term rentals.

I am not sure if you are an American Football fan, but the term that comes to mind is when the punter kicks the ball "too well" and allows the return team time to set up a solid return.

I also called Rocket Mortgage to see if I'm allowed to rent the house and they said yes it should be fine since it's been almost a year now.

I'm assuming I'll get a lower cap on that and my only way to add value is by increasing rents annually based on the provincial max amount allowed to increase rents?

Further subsequent improvements to the self-showing lockbox technology and data also allowed for deep pre-screening of residents while also streamlining 24/7 access to homes.

This will allow you give a reference point on how much potential rent you can receive.

This still puts you at risk by allowing the renter to do work without the proper agreement.