I would deny based on whether they had an outstanding debt/judgement to the prior landlord.

Because the property is so unique pricing likely needs to be as well, maybe consider that based on the property needs/maintenance and location you may not want it consistently turned over so maybe you open 28 day slots and allow use with a 1 time per month turn over.

Hi Derek,Based out of Surrey, BC and thinking of investing in the states as well.

@Aaron Zimmerman Good point about structure set up and determining cost bases.

I have seen loan qualifications based solely on passive investment income from rental properties, social security/disability payments, pension payments, etc. 

Many times the tenants are income based and pay 20-40% wherein only 60-80% may be guaranteed.Aside from the rent percentage issue is pride of ownership.

I’m personally based in Houston, TX, and I’ve noticed over the years that a good realtor can do a lot more for an investor than just listing a property.

It's a power play. 

My name is Monty, and I’m based in Freeport, Florida.

The information provided is for general knowledge based on my experience and should not be considered tax or legal advice.