Some MICs in Canada may diversify their portfolio to include anything from smaller second residential mortgages to mortgages for commercial development properties.I have found in my experience working with B lenders (i have a long list of them) is that each MIC has its own investment strategy. 

*********************************Here's some additional appraiser brain droppings, not included in the "brief response".Assess the important characteristics of the Subject property, in relation to the market.

That's not including tax benefits.

If I did, all the above, 2 tenants will end up paying nearly $200 more per month, not including a possible pet deposit. 

I had 1 contractor come by today and quoted me a French drain system, as well as raising the basement floor up 6 inches, with 3 sump pump's for a price tag of $16K, not including the repairs to the walls. 

Is this "peanut" profits for a single family home once including a property mgmt company?

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

The commercial bank or lender will look at your overall portfolio, liquidity, experience, and other factors.3.

Here are some favorites among real estate investors:"Set for Life: Dominate Life, Money, and the American Dream" by Scott Trench: While not solely focused on house hacking, this book offers practical advice on building wealth through real estate investing, including house hacking strategies."

Pricing - most bookkeepers I know are transitioning to flat rate pricing that includes software costs, based on the complication/volume of your business(es).