The tenants sound irresponsible though so I would give them a non renewal notice.

Still have   5 mortgages, which includes our  own dwelling(non over 550 a month)...

If my offer is accepted we will do the rehab and market the house for rent starting at $750, no smoking, no pets( if renter insist on having a dog I will add $25 on top of base rent and a non-refundable pet deposit of $250)tenant pays all utilities and does yard maintenance.So, as of now I’m projected to net at $266.

Does anybody know of portfolio lenders willing to work with Canadians (I guess technically I’m a non-resident American, but my money partner is Canadian)?

The main reason this one is so great is also one of the obstacles - it's non-conforming.

Those items are just some of the non-insurable risks we take as landlords. 

The public at large folks isn't going to sit in their house 7 days a week and drop ship 80 boxes of crap with drones to their door.

They are aware that publicizing transparent macro-level data enables commerce. 

A great place to start is with an attorney who has significant experience in non registered securities. 

If they are deadbeats you may get nothing but I have heard on this forum they they do eventually get paid back, even years later, so it is worth a try imo.If you stick with this company or use a new company be sure to have a clearly defined policy about how non payment of rent is handled.